Security· ★★★· bearish·

Hacker behind $270 million theft moves funds through Tornado Cash

  • —About $270 million in crypto was stolen
  • —Funds are being routed through the Tornado Cash mixer
  • —The report weighs the odds of recovering stolen assets
Why it matters: Large-scale laundering through mixers complicates recovery and adds to regulatory pressure on Tornado Cash.
Source: Google News (crypto query)