Hacker Exploits Kronos Research, Laundering $4M via Tornado Cash (TORN): A Crypto Security Breach Alert

Hacker Exploits Kronos Research, Laundering $4M via Tornado Cash (TORN): A Crypto Security Breach Alert

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  • The hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 million of Ethereum through Tornado Cash, a crypto mixer, in an attempt to launder the funds.
  • The funds remained dormant for six months until one of the six wallets began transferring funds to Tornado Cash on May 7th, 2024.
  • Despite the backlash from governments, crypto mixers like Tornado Cash continue to be used by hackers to launder stolen funds.

After exploiting Kronos Research for $25 million, a hacker has moved $4 million of Ethereum through Tornado Cash, a crypto mixer, in an attempt to launder the stolen funds.

Hacker Moves $4M of Stolen Ethereum Through Tornado Cash

The hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 million of Ethereum through Tornado Cash, a crypto mixer. The funds were transferred to six different cryptocurrency wallet addresses and remained dormant for six months until one of the wallets began transferring funds to Tornado Cash on May 7th, 2024.

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