GMX Hacker has converted $42.8 million of stolen funds into ETH.
A hacker stole assets in an attack on the GMX V1 pool, exchanging all assets except for FRAX for 11,700 ETH, worth approximately $32.33 million, and deposited them into 4 wallets. At the same time, the hacker still holds about 10.495 million FRAX, totaling approximately $42.8 million in assets. This move seems to reject the project party's repayment proposal.