In August 2022, the US Treasury Department’s Office of Foreign Asset Control (OFAC) imposed sanctions on Tornado Cash, prohibiting its usage for US citizens, residents, and companies. But this has not deterred hackers from moving stolen funds through the controversial crypto tumbler to obfuscate tracking.
In fact, PeckShield’s latest update reveals that exploiters of the HECOBridge have moved over 40,391 ETH, valued at around $145.7 million, executing 19 outgoing transactions to Tornado Cash in the past 8 days.
PeckShield Flags Tornado Cash Activity
The HECO cross-chain bridge was exploited in November 2023. The compromised funds, comprising Ether, USDT, USDC, and HBTC, were promptly transferred to decentralized exchanges and exchanged for altcoins.
Further investigation revealed an additional exploit involving HTX, with suspicious transfers totaling $23.4 million observed shortly after the Heco Bridge attack, displaying similar patterns. Exactly four months later, PeckShielf flagg
We współpracy z: https://cryptopotato.com/another-tornado-cash-activity-flagged-stolen-funds-from-heco-bridge-exploit-moved/
