Security researchers at Certik are tracking significant fund movements stemming from the January 10 incident that resulted in $282M in losses. The analysis reveals an interesting pattern: approximately $63M has already been routed through Tornado Cash as an initial bridge transaction. This type of capital flow via mixing protocols typically signals attempts to obfuscate transaction trails. The remaining funds are being monitored for further movement, making this a critical case study for understanding post-compromise asset laundering tactics on-chain. Keep an eye on how these funds continue to circulate across different protocols and whether additional bridging activity accelerates.
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4am_degen
· 5h ago
63 million into Tornado, this technique is really slick
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ILCollector
· 5h ago
It's that Tornado Cash thing again... The $63M can't escape, it's recorded on the chain.
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WhaleWatcher
· 5h ago
280 million dollars gone, how desperate must that be?
Security researchers at Certik are tracking significant fund movements stemming from the January 10 incident that resulted in $282M in losses. The analysis reveals an interesting pattern: approximately $63M has already been routed through Tornado Cash as an initial bridge transaction. This type of capital flow via mixing protocols typically signals attempts to obfuscate transaction trails. The remaining funds are being monitored for further movement, making this a critical case study for understanding post-compromise asset laundering tactics on-chain. Keep an eye on how these funds continue to circulate across different protocols and whether additional bridging activity accelerates.