Sep 9, 04:16 AM

WazirX and Penpie Hackers Launder $49.3M in Stolen Funds via Tornado Cash

Hackers have been actively using Tornado Cash to launder stolen funds. The WazirX hacker, identified as a North Korean entity, has transferred $11 million worth of Ether (5,000 ETH) to Tornado Cash. This follows a series of transfers totaling $26.7 million (11,400 ETH) since the attack on WazirX in July. The WazirX exploiter also deposited 7,200 ETH ($17.3M) to Tornado Cash. Similarly, the Penpie Protocol hacker has laundered $27 million (11,261 ETH) through Tornado Cash, including a deposit of 9,600 ETH ($23M). In total, over $49.3 million (20,561 ETH) has been laundered by various hacker groups through Tornado Cash since the start of September.

#Tornado Cash #WazirX #North Korean #Ether #Penpie Protocol

Written with ChatGPT (GPT-4o).