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Tornado Cash

Tornado

<a href="https://bitcoinworld.co.in/hacker-with-182000000-stolen-from-poloniex-starts-moving-funds-to-tornado-cash/" title="Hacker With $182,000,000 Stolen From Poloniex Starts Moving Funds to Tornado Cash" rel="noopener noreferrer nofollow"></a>
The hacker who looted the crypto exchange Poloniex has started moving Ethereum (ETH) to the mixing service Tornado Cash, according to the digital asset de-anonymizing platform Arkham.
Arkham <a href="https://platform.arkhamintelligence.com/explorer/entity/poloniex-hacker" rel="noopener noreferrer nofollow">notes</a> the hacker moved 1126.1 ETH worth more than $3.4 million into Tornado Cash across a series of 20 transactions on Monday and Tuesday.
They represent the exploiter’s first moves into the controversial Ethereum-based crypto mixer, which helps users conceal their digital assets.
The hacker raided Poloniex in early November, stealing $56 million worth of ETH, $48 million worth of Tron (TRX) and $18 million worth of Bitcoin (BTC), as well as smaller amounts of other crypto assets.
The exchange, which is owned by Tron founder Justin Sun, offered a 5% white hat bounty that went unaccepted. and the hacker still holds $181.47 million worth of crypto in their primary address, according to Arkham.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/wbtc-scammer-transfers-71-million-loot-following-poisoning-fraud/" aria-label="“WBTC Scammer Transfers $71 Million Loot Following Poisoning Fraud” (Edit)" rel="noopener noreferrer nofollow">WBTC Scammer Transfers $71 Million Loot Following Poisoning Fraud</a>
Justin Sun-affiliated projects have endured a prolific string of attacks in the past several months:&nbsp; In September, hackers exploited the Sun-linked exchange giant HTX for approximately 4,999 Ethereum worth $7.9 million, according to the blockchain security firm PeckShield.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> ~4,999 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> (~$7.9M) transfer-out from <a href="https://twitter.com/HTX_Global?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@HTX_Global</a> <a href="https://twitter.com/justinsuntron?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@justinsuntron</a> <a href="https://t.co/Q8vhVcghU3" rel="noopener noreferrer nofollow">pic.twitter.com/Q8vhVcghU3</a>
 — PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1706310807401701686?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 25, 2023</a>
</blockquote>
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Then in November, hackers hit HTX and Heco Bridge, another Sun-linked project that’s used to move funds between Ethereum and energy-saving blockchain Heco Chain, for a combined $100 million, according to cybersecurity firm Cyvers.
And in January, hackers once again struck HTX, hitting the exchange with a distributed denial of service (DDoS) attack that caused a brief outage.
A DDoS attack is a malicious attempt by bad actors to flood the target website with traffic to overwhelm the site’s infrastructure.
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The post <a href="https://bitcoinworld.co.in/hacker-with-182000000-stolen-from-poloniex-starts-moving-funds-to-tornado-cash/" rel="noopener noreferrer nofollow">Hacker With $182,000,000 Stolen From Poloniex Starts Moving Funds to Tornado Cash</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Hacker With $182,000,000 Stolen From Poloniex Starts Moving Funds to Tornado Cash

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