Security· ★★★· bearish·

Triple-A hacker moves 4,970 ETH worth $12.4M into Tornado Cash

  • —4,970 ETH worth $12.4M deposited into Tornado Cash on Oct. 9
  • —Funds split into 49 transfers of 100 ETH and 7 of 10 ETH
  • —Triple-A treasury breach occurred in July with ~$11.8M in losses
  • —Hacker bridged assets to Ethereum and split them across two addresses first
Why it matters: The large-scale laundering through Tornado Cash shows stolen funds are still flowing through mixers, adding pressure on privacy tools in DeFi.
Source: PANews