Term Labs hacker deposits 400 ETH into Tornado Cash, total reaches 960 ETH

  • Term Labs hacker deposited another 400 ETH into Tornado Cash.
  • The latest transfer was worth about $982,000, bringing deposits to 960 ETH.
  • The hacker stole about $8.5 million through a late-August governance vulnerability.

The hacker who stole about $8.5 million in cryptocurrency by exploiting a governance vulnerability in DeFi protocol Term Labs in late August deposited another 400 ETH, worth about $982,000, into Tornado Cash. The transfer brought the hacker’s cumulative deposits into the crypto-mixing protocol to 960 ETH. Blockchain security firm PeckShield said the activity likely forms part of an effort to make the stolen funds harder to trace. Odaily Planet Daily also reported the movement in a post linking to PeckShield Alert.

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