0xScope on Twitter found an address that always borrows >$10M USDC and deposits it to exchange before the FTX-drainer dumps each time, circumstantial evidence this address is connected to the 0x59abf drainer. They also transfered USDC to Binance and Binance should know who it is if KYC’d.

The plot thickens, did they put millions on Binance to open short positions knowing it was going to dump? This has been a method that’s been speculated for the drainer to profit hugely without selling the stolen assets or put it through a mixer and get away scot-free.

Source –https://nitter.net/ScopeProtocol/status/1594948817237204994#m

This FTX saga just seems to get crazier and crazier, but now we may actually find out the real identity of the FTX account drainer if Binance is able to investigate.

Let’s hope they were KYC’d with their real identity.