• 29 September, 2024
Ethereum Market News

Hackers Deposit 17,800 ETH into Tornado Cash in 3 Days

According to Lookonchain monitoring, three hackers deposited a total of 17,800 ETH (around $42.7 million) into Tornado Cash within three days. Among them, the Penpie hacker transferred 9,600 ETH ($23 million), while the WazirX hacker added 7,200 ETH ($17.3 million). Another hacker, responsible for stealing $42 million from Fenbushi Capital founder Shen Bo, deposited 1,000 ETH ($2.4 million). These transactions highlight the ongoing use of Tornado Cash for obfuscating stolen assets in the crypto space, raising concerns about its role in laundering large amounts of Ethereum.

Read Previous

Mastercard Unveils Euro Crypto Debit Card with Mercuryo

Read Next

Crypto CEO Resigns After Gunpoint Theft of Company Funds