Summary
This report presents an investigation into the cyber attack on the cryptocurrency exchange Lykke.com, which occurred in June 2024. The objective of the investigation was to trace the flow of approximately 20 million Swiss Francs in stolen crypto assets from the hacker's wallet through various transactions to identify the wallet associated with Gate.io. The report outlines the methodology employed, including transaction traceability and wallet analysis, to understand the movement of the stolen funds. It details the transactions involved, including conversions from Bitcoin to Ethereum and then to DAI, culminating in a final transfer to Gate.io. The findings indicate that the identified wallet on Gate.io is directly linked to the stolen assets. The report concludes with recommendations for urgent action to freeze the funds and collaborate with relevant authorities to aid in the recovery of the stolen assets and the identification of the perpetrator.
