Containment, movement and behavior of stolen funds

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The $42 million stolen in the GMX V1 GLP pool hack included $32 million extracted from Arbitrum and $9.6 million later bridged to Ethereum.
The hacker behind the $42 million GMX exploit drained liquidity from the GLP pool and used the stolen funds to swap USDC into ETH and subsequently DAI, leveraging smart contracts to obscure fund flows.
The attacker responsible for the $42 million hack on GMX V1 also stole a diverse portfolio of crypto assets, including $187K in Bridged USDC, $9.75 million in USDC, $1.34 million in DAI, various USD stablecoins, $10.44 million in Frax Dollar, $533K in UNI, $335K in LINK, $8.51 million in WETH, and $9.63 million in WBTC.
GMX stated it would not pursue legal action against the unidentified hacker responsible for the $42 million exploit on its V1 GLP pool, provided the stolen funds are returned within 48 hours.
PeckShieldAlert, a blockchain security and analytics firm, shared a developer message on X offering a 10% white-hat bounty for return of funds exploited in the $42 million GMX V1 exploit.

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