Blockchain security firm BlockSec has debunked a conspiracy theory alleging the
Addressing this, BlockSec argued that this is not as suspicious as it appears, as the hacker could have been monitoring Wintermute transferring transactions, possibly via bots, to swoop in there.
“However, it is not as plausible as it claimed. The attacker could monitor the activity of the transferring transactions to achieve the goal. It is not quite weird from a technical point of view. For example, there exist some on-chain MEV-bots which continuously monitor the transactions to make profits.”
As previously stated in Cointelegraph’s first article on the matter, Wintermute has strongly refuted Edwards claims, and has asserted that his methodology is full of inaccuracies.
