THORChain exploiter moves 310 ETH to Tornado Cash, stolen funds show over $1 million paper loss

A small transfer appears to test Tornado Cash, while the remaining stolen assets are still held in ETH and have fallen in value as Ether's price declined.

Summary

A THORChain exploiter has moved 310 ETH into Tornado Cash, a crypto mixer used to obscure transaction trails, in what was described as a test transfer. The rest of the stolen funds remain held in ETH, and their value is down by more than $1 million because of Ether's price drop. The development suggests the exploiter may be preparing to launder a larger portion of the assets, though only a limited amount has been moved so far.

Terms & Concepts
  • Tornado Cash: A crypto mixer that obscures fund flows.
  • ETH: Ether, the native token of Ethereum.