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Lookonchain Links Pando Rings Wallet to Hack, Reports $16.72 Million Ether (ETH) Purchase

Lookonchain said the wallet acquired 7,548 ETH; its reported $16.72 million valuation works out to about $2,215 per token.

Updated 1 min read
A commuter holds a smartphone on a rain-darkened Manhattan sidewalk in New York City / TokenPost.ai
A commuter holds a smartphone on a rain-darkened Manhattan sidewalk in New York City / TokenPost.ai

Lookonchain identified wallet 0x303D...3d9F as connected to the Pando Rings hack and said it acquired 7,548 Ether (ETH) in a transaction valued at $16.72 million.

Lookonchain gave the approximate time as 9:30 p.m. ET Thursday (01:30 UTC Friday). The reported amount and value work out to about $2,215 per ETH.

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