RATE Group | HEX origin address emptied out, almost $7 million withdrawn
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HEX origin address emptied out, almost $7 million withdrawn

08 Jan HEX origin address emptied out, almost $7 million withdrawn

Posted at 14:36h in Ethereum News by

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Around $7 million worth of ETH has been withdrawn from an address associated with the HEX cryptocurrency after weeks of speculation that it was headed towards an exit scam. The funds were transferred on Jan. 6 through 36 separate transactions, with each one withdrawing exactly 1,337 ETH, worth around $192,500.

It took 36 transactions to empty out the address holding all investments in HEX

HEX, one of the most notorious cryptocurrency projects in the industry, seems to be going through a textbook exit dump. What began as rumors and hearsay on Reddit just a couple of weeks ago has now turned into cold hard evidence.

According to data from Ethereum blockchain explorer Etherscan.io, the main address associated with HEX has been almost completely emptied out. There were 36 outgoing transactions from the address on Jan. 6, each one transferring exactly 1,337 ETH from the address. With Ethereum’s price hovering around $144 at press time, that makes each of the 36 outgoing transactions…

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