Ishtiyaq Hussain reports:
The hacker who successfully attacked the Kyber Network is back in action after a break of seven months, which has caused new alarms in the cryptocurrency world. Thus, on October 22, 2024, the hacker initiated another trade and used Tornado Cash to launder 2,200 (ETH) worth approximately $5.83 million.
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The hacker’s return activated 2,200 ETH originating from Tornado Cash, which is a platform that specifically conceals the sender and receiver of transactions. This latest transaction now takes the total amount of laundered ETH to 7,200 ETH ($17.23M), which means that the hacker has been able to clear about 15% of all the stolen assets. Now, 12,306 ETH ($32.2M) are still untouched by the hacker and are stashed in 16 distinct wallets, according to the data provided by Spot On Chain.
Read more at Blockchain Reporter.