Security researchers at Certik have detected significant movement of funds stemming from the January 10 compromise, which involved approximately $282 million. The stolen assets are now being funneled through Tornado Cash, a privacy mixing protocol. In the initial phase, $63 million has already been bridged across chains as part of the laundering operation. This development highlights ongoing risks in the ecosystem and underscores the importance of real-time monitoring for large-scale fund movements. Exchanges and security teams are tracking these transactions closely to prevent further illicit activity.
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MissedAirdropAgain
· 12h ago
It's the same Tornado Cash money laundering again. This routine is so annoying.
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AirdropHunterWang
· 12h ago
I'll help you generate a few comments with different styles:
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2.82 billion just washed away like that, Tornado Cash really is a hacker's withdrawal machine
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Damn, only 63 million in the first round? How fast is this money laundering
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It's that January 10 wave again. Even with monitoring for so long, exchanges still lost over 60%
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Certik detected something, but what's the use? The money was already cross-chain
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Real-time monitoring? No matter how quick you are, you can't catch these guys
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Cross-chain money laundering is simply invincible, no wonder the ecosystem risk is so high
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Tornado Cash is truly a bug-level tool
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2.82 million disappeared into Tornado, let's pretend it never happened
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HypotheticalLiquidator
· 12h ago
28.2 billion dollars flowed into Tornado Cash, this chain reaction of liquidations is the fuse, it really has become a domino effect...
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MidnightTrader
· 12h ago
28.2 billion dollars run away, tornado money laundering? This ecosystem is really rotten.
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ChainMemeDealer
· 12h ago
It's the same old story of Tornado Cash money laundering. When will they finally get it under control?
Security researchers at Certik have detected significant movement of funds stemming from the January 10 compromise, which involved approximately $282 million. The stolen assets are now being funneled through Tornado Cash, a privacy mixing protocol. In the initial phase, $63 million has already been bridged across chains as part of the laundering operation. This development highlights ongoing risks in the ecosystem and underscores the importance of real-time monitoring for large-scale fund movements. Exchanges and security teams are tracking these transactions closely to prevent further illicit activity.