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Radiant Capital Hacker Moves $20.7 Million in ETH to Tornado Cash

PeckShield reports that the Radiant Capital attacker funneled over 5,400 ETH into Tornado Cash, underscoring persistent challenges in tracking and recovering stolen crypto assets.

ETH

Summary

PeckShield confirmed that the hacker behind the Radiant Capital exploit transferred 5,411.8 ETH, valued above $20 million, into Tornado Cash on October 31. The mixer service is known for obscuring transaction origins, raising suspicions of money laundering involving stolen funds.

Terms & Concepts
  • Tornado Cash: A decentralized, non-custodial privacy solution on Ethereum that enables users to obscure the origin and destination of cryptocurrency transactions.
  • ETH (Ether): The native cryptocurrency of the Ethereum blockchain, used for transactions, staking, and smart contract operations.
  • Radiant Capital: A decentralized finance (DeFi) protocol that facilitates lending and borrowing across multiple blockchain networks.