Fusion Foundation Wallet Theft Update: 10/3rd

FUSION Foundation
Oct 3, 2019 · 3 min read

In this update, we provide information on the transaction history, monetization, and current holding accounts of the FSN tokens stolen from the Foundation on Sept. 28th. We share this information for two purposes:

  1. Provide clarity and transparency to all.
  2. More importantly, leverage the power of the crypto community to help us quickly bring the criminal to justice. Any information or pattern you can identify, please share with us on our Telegram or tweet us FUSION Foundation.

Of the 13.5 million tokens stolen, 7.52 million were sent to exchanges and 5.98 million remain in the criminal’s accounts. We continue our investigations with Exchanges to work out exactly how many tokens are frozen at exchange account, and will update as we learn more.

Transactions Trace Sheet

The transactions from point of theft to their present location are documented in this Google Sheet.

All non-zero stolen balance accounts are monitored programmatically and transfers will be automatically traced and reported to Exchanges and law enforcement officials. Any individuals or institutions accepting stolen FSN, BTC, or ETH tokens from these addresses will be subject to legal authorities’ investigations and face appropriate charges.

The sheet will be updated as we continue our investigations.

Native FSN Transactions

The Google Sheet tab “Native FSN Trace” traces the flow of funds to current state for Native FSN.

  1. The thief deposited the stolen tokens into address 0xb66cce16736feb5a50a9883675708027d3427c3c, designated as “Thief Primary Account”, and from that account, transferred to various exchange accounts for monetization.
  2. The “Current Balance” (Column H), shows two types of transactions: a) the current balance if wallet still has tokens or b) the exchange where the stolen tokens were sold.
  3. The accounts are color-coded to trace transfer.
  4. Of the sold amount, addresses showing ETH and BTC withdrawals are listed in Columns I and J, respectively.

ERC-20 FSN Transactions

The Google Sheet tab “ERC-20 FS Trace” traces the flow of funds to current state for ERC-20 FSN.

  1. The thief deposited the stolen tokens into address 0xd58868ebf4900b8c444d42d2e3ffe21cb8f0e655 designated as “Thief Primary Account”, and from that account, transferred either directly or through a second hop to various exchange accounts for monetization.
  2. The “Current Balance” (Column H), shows three types of transactions: a) the current balance if wallet still has tokens b) “transfer” if the transaction was an interim account hop and c) “Sold via Bibox” if the balance was sold via Bibox.
  3. The accounts are color-coded to trace transfer.

Bitcoin and ETH Withdrawals

The Google Sheet tab “BTC-ETH Withdrawal” shows transactions where thief withdrew their stolen gains in Bitcoin or Ether.

  1. Column “Coin Type” (Column C), shows whether thief withdrew their gains as Bitcoin or ETH.
  2. Column “Exchange” (Column D), shows which exchange the stolen withdrawals were made on.

Other Evidence

We thank the community for drawing attention to the transactions of 106.6 Ether from 0xa9C66B3DbD01bb7d24928402cbD7CFb7Dd445dc3 to the thief’s wallet shortly before the theft was executed. The Foundation captured this activity shortly after theft was executed, and has submitted to law enforcement officials along with the rest of the evidence we collected.

Thank you all for your continued help and support. The Fusion Foundation also thanks its staff for their relentless efforts in tracing the funds, examining optimum approaches to recover the stolen funds, and continue to innovate the Foundation’s technology.

FUSION Foundation

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An Exciting New Era of Cryptofinance for the Internet of Values.

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