Token

Tornado Cash

Tornado

<div class="cryptonews">
 <p class="is-style-lead">Funds <a rel="noopener noreferrer nofollow" title="stolen" href="https://thebittimes.com/tag/stolen.html">stolen</a> in a prior exploit have reportedly been channeled into Tornado Cash, totalling an estimated 1,500 BNB now within the mixer.</p>
 <h2 class="wp-block-heading" id="deposits-into-tornado-cash">Deposits into Tornado Cash</h2>
 <p>According to an Oct. 11 from Certik, an exploit occurred on BH Token (BlackHole token), resulting in an exploiter (0xFDb) acquiring $1.2 million USDT, which was later converted to BNB and deposited into Tornado Cash, an Ethereum-based privacy tool.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">#CertiKSkynetAlert <br><br>The BH Token exploiter has deposited <a rel="noopener noreferrer nofollow" title="stolen" href="https://thebittimes.com/tag/stolen.html">stolen</a> <a rel="noopener noreferrer nofollow" title="funds" href="https://thebittimes.com/tag/funds.html">funds</a> into @TornadoCash <br><br>So far, 1,500 BNB has been deposited into the mixer<br><br>On 11th October, Black Hole token was exploited for 1.2m USDThttps://t.co/d9ZC6o2YsQ</p>— CertiK Alert (@CertiKAlert) October 19, 2023
   </blockquote>
  </div>
 </figure>
 <p>Now, in a follow-up development dated Oct. 19, the malicious actor responsible for the theft has channeled <a rel="noopener noreferrer nofollow" title="stolen" href="https://thebittimes.com/tag/stolen.html">stolen</a> <a rel="noopener noreferrer nofollow" title="funds" href="https://thebittimes.com/tag/funds.html">funds</a> into Tornado Cash, has deposited a total of 1,500 BNB into the mixing service so far.&nbsp;</p>
 <h2 class="wp-block-heading" id="a-subject-of-another-alert">A subject of another alert</h2>
 <p>Unfortunately, this is not the first time that Tornado Cash has made headlines for being part of a malicious attack in recent weeks.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Crypto mixer Tornado Cash handled over $77m in past 30 days
 </div>
 <p>On Sept. 11, another&nbsp;Certik alert&nbsp;went out about a wallet associated with over $24 million in <a rel="noopener noreferrer nofollow" title="stolen" href="https://thebittimes.com/tag/stolen.html">stolen</a> cryptocurrencies that had transferred 600 Ether (ETH) valued at approximately $936,000 into Tornado Cash.</p>
 <figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
  <div class="wp-block-embed__wrapper">
   <div class="rll-youtube-player" data-src="https://www.youtube.com/embed/ANPBqHlCOuU" data-id="ANPBqHlCOuU" data-query="feature=oembed"></div>
   <noscript><iframe title="U.S. sanctions co-founder of Tornado Cash for laundering stolen cryptocurrency for N. Korea" width="1020" height="574" src="https://www.youtube.com/embed/ANPBqHlCOuU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
   </noscript>
  </div>
 </figure>
 <p>Earlier in August, Tornado Cash founders also faced charges for money laundering tied to North Korea.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> 600 Ether from phishing exploit deposited into Tornado Cash
 </div>
 <p></p> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bh-token-stolen-funds-funneled-into-tornado-cash-tbt67043.html">https://thebittimes.com/bh-token-stolen-funds-funneled-into-tornado-cash-tbt67043.html</a></p>

BH Token stolen funds funneled into Tornado Cash

Table of Contents

TheBitTimes

Other articles published on Oct 19, 2023

SEC Should Have Approved Bitcoin ETFs Years Ago: Matt Hougan, Bitwise

Cardano (ADA) Could Surge This Winter; Klaytn (KLAY) & InQubeta (QUBE) Ignite Traders

The Pros and Cons of XRP: New Cryptocurrency Lures Investors with the Possibility of Tenfold Profits

Coinbase Chooses Ireland as EU Hub for MiCA Compliance!

LTO Network (LTO) Price Prediction 2024, 2025, 2030, 2040, and 2050

Finschia Governance Voting Reward Event (pre-announcement)

Join our free newsletter for daily crypto updates!