HECO Chain exploiter anonymizes $145M of Ether on Tornado Cash in 8 days

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HECO Chain exploiter anonymizes $145M of Ether on Tornado Cash in 8 days
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Out of the lot, the majority of the funds were sent to a single Tornado Cash address, while one transaction of 0.2 ETH worth $699.2 was sent separately to a different address in Tornado Cash.

According to crypto investigator PeckShield, the HECO Chain exploiter made 19 outbound transfers to Tornado Cash addresses in an attempt to make approximately $145.7 million worth of stolen Ether nearly impossible to trace back.The majority of the funds were sent to a single Tornado Cash address, while one transaction of 0.2 ETH worth $699 was sent separately to a different address in Tornado Cash.

In its largest transaction, the HECO Chain exploiter sent 11,300 ETH — over $39.5 million — in one go. Crypto hackers often resort to routing their loot through Tornado Cash to anonymize the ownership of the funds.Tornado Cash protocol was sanctioned in August 2022 by the U.S. Treasury Department for its alleged role in allowing the laundering of over $1 billion in illicit funds, including money linked to the Lazarus Group.Roman Storm, the co-founder of Tornado Cash, pleaded not guilty before a judge in the U.S. District Court for the Southern District of New York last September.removed a proposal seeking to fund the legal defense costs

of the Tornado Cash co-founders. According to an Arbitrum spokesperson, the proposal was later deleted at the author’s request:The reasons underlying this modification remain unclear. Cointelegraph contacted DK — a pseudonymous delegate leading the initiative — for further clarity but did not receive a response.Why boomers ‘like’ AI pics on Facebook, mind-reading AI breakthrough: AI Eye

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