Security· ★★★★· bearish·

Binance hacker moves $38.8M in ETH to a new wallet

  • —$38.8 million in ETH sent to a fresh wallet
  • —Funds may be headed to the Tornado Cash mixer
  • —Attacker still holds $1.12 billion in ETH
Why it matters: Routing stolen funds through a mixer complicates tracing and freezing, lowering the odds of recovery.
Source: PANews