Security· ★★· bearish·

Trader @frogmanhaha loses $4M in wallet hack; funds laundered via Privacy Cash

  • —Nine assets worth about $4 million were stolen from the wallet
  • —Largest losses: 1.43M BP ($1.77M) and 13.96M MarsCoin ($1.55M)
  • —Stolen funds were swapped into ETH, BNB and SOL and moved via Privacy Cash and Chainflip
Why it matters: The case highlights how privacy tools and cross-chain swaps speed up laundering of stolen funds, making recovery harder.
#ETH#BNB#SOL
Source: PANews
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