Security· ★★★· bearish·

Wallet tied to Coinbase user scam moves 3M sUSDS, deposits 1,389.6 ETH into Tornado Cash

  • —3 million sUSDS transferred to a new wallet
  • —1,389.6 ETH deposited into Tornado Cash after conversion
  • —Funds sent in 36 separate transactions
  • —Wallet was flagged in 2025 reports on a scam against Coinbase users
Why it matters: The case shows how stolen exchange-user funds are laundered through mixers, adding pressure on regulators to tighten scrutiny of Tornado Cash.
Source: PANews