Hacker Moves $3.3M in ETH from Poloniex to Tornado Cash: Crypto Security Concerns Rise

• The hacker responsible for the November 2023 attack on cryptocurrency exchange Poloniex has recently transferred over 1,100 Ether (ETH) to the sanctioned crypto mixer Tornado Cash.
• The hacker still holds over $180 million worth of assets across different blockchains, including Ether, TRX, Bitcoin (BTC), BTCT, and Floki.
• Despite being sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC), Tornado Cash continues to be used by cybercriminals to obfuscate transaction trails.

The hacker behind the 2023 Poloniex attack has moved over 1,100 ETH to Tornado Cash, a crypto mixer sanctioned by the OFAC. The hacker still holds assets worth over $180 million across various blockchains.

Poloniex Hacker Moves 1,120 ETH to Tornado Cash

As per data from Arkham Intelligence, the hacker responsible for the Poloniex breach transferred 100 ETH in 11 batches to Tornado Cash, totaling 1,100 ETH (valued around $3.37 million). Additionally, two mor... Read the full article for FREE at COINOTAG!