Poloniex Hacker Transfers $3.3M Worth of Ether to Tornado Cash

Tuesday, 7 May 2024, 05:51

A hacker who looted $125 million from Poloniex's hot wallets has moved 1,100 ether (ETH) to Tornado Cash, a coin mixer under sanctions. The blockchain records the illicit transfer to the mixer program.
https://store.livarava.com/109d04d9-0c37-11ef-a6c2-63e1980711b2.jpg
Poloniex Hacker Transfers $3.3M Worth of Ether to Tornado Cash

Poloniex Hacker Transfers Funds to Tornado Cash

A hacker who breached Poloniex's hot wallets made a move by sending 1,100 ether (ETH) worth $3.3 million to Tornado Cash, as revealed by blockchain analytics. The transfer to the sanctioned coin mixer underscores the evasion tactics used by cyber criminals in the digital asset realm.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe