Poloniex Hacker Exploits Tornado Cash to Launder $308K in Ethereum (ETH)

Poloniex Hacker Exploits Tornado Cash to Launder $308K in Ethereum (ETH)

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  • Poloniex, a popular cryptocurrency exchange, has fallen victim to a significant hacking incident.
  • The hacker has reportedly laundered millions of dollars through Tornado Cash, a privacy-focused Ethereum mixer.
  • “This is a stark reminder of the inherent risks associated with cryptocurrency trading,” says industry expert.

Poloniex, a major cryptocurrency exchange, suffers a significant hack with the perpetrator laundering millions through Tornado Cash. The incident underscores the risks of cryptocurrency trading.

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