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Upbit Hackers Transfer 1,400 ETH to Tornado Cash

MistTrack reports renewed movement of stolen funds from the $36 million Upbit hack, with 1,400 ETH sent to privacy-focused service Tornado Cash.

ETH

Summary

MistTrack stated that hackers responsible for the $36 million Upbit cryptocurrency exchange breach have transferred another 1,400 ETH from an address beginning with 0x93A0 to Tornado Cash, a mixer that obscures transaction trails. The movement highlights ongoing laundering efforts linked to the attack.

Terms & Concepts
  • Tornado Cash: A privacy-focused Ethereum mixer that obscures transaction trails by pooling and redistributing funds.
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and decentralized applications.
  • Ethereum mixer: A service that blends multiple cryptocurrency transactions to hide the source and destination of funds.