Security· ★★· bearish·

Pando Rings hacker buys 7,548 ETH worth $16.72M

  • —Hacker tied to Pando Rings bought 7,548 ETH
  • —The purchase was worth roughly $16.72 million
  • —Onchain analytics firm Lookonchain flagged the move
Why it matters: Moving stolen funds into ETH often precedes laundering through mixers or DEXs, drawing scrutiny from investigators.
Source: PANews