A hacker on the Poloniex cryptocurrency trading exchange sent 100 ETHs to Tornado Cash.
According to journalist Colin Wu, this is the first time a hacker has decided to launder stolen assets. The same amount of Ethereum coins (worth $182,000,000) was also stolen.ETH), Tron (TRXBitcoinBTC), and Bitcoin Token (BTCT) remain in the hacker’s wallet.
On Nov. 10, 2023, Poloniex lost almost $125 million in cryptocurrencies due to the attack. Justin Sun is the exchange’s owner announced the successful identification and freezing of part of the assets associated with the hacker’s addresses. Sun then offered the hacker a $10 million reward if they returned their stolen assets.
Hackers have also begun attacking Kronos Research’s cryptocurrency platform as well as the Hundred Finance protocol for cross-chain lending. transferring Tornado Cash is a cryptocurrency mixing service.
PeckShield is a company that provides analytics. reported The hacker first conducted a $200 test transaction, then transferred 1,314 Ethereum, which is equivalent to almost $4 million to a different address. From the final address, the hacker made 10 transactions of 100 ETH, moving the funds to the Tornado Cash service.
The funds sent to Tornado Cash increased to 3,000 ETH for approximately $3 million.
Kronos Capital was hacked in November 2023 after attackers managed to access API keys.
Since Tornado Cash can be used to move illegally obtained funds, the U.S. government imposed In August 2022, sanctions will be imposed on this cryptocurrency mixer. Its developers were charged with money laundering and sanctions violations. At the end of March, the prosecutor’s office demanded that the court sentence the co-founder of Tornado CashAlexey P. Pertsev was sentenced to five years in prison.
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Source: crypto.news
