Hacker Moves Stolen Poloniex Funds via Tornado Cash: A First in Crypto Crime (POLONIEX)

• In a recent development, a hacker involved in the 2021 Poloniex crypto exchange hack has moved 1,100 Ethereum (ETH) to Tornado Cash, a U.S.-sanctioned cryptocurrency mixer.
• The stolen funds, valued at approximately $3.4 million, are being laundered through Tornado Cash, as per data analysis by security firm PeckShield.
• This marks the first time the hacker has moved the funds since the hack, which resulted in a loss of $100 million from Poloniex.

The hacker involved in the 2021 Poloniex hack has reportedly transferred 1,100 ETH to Tornado Cash in an attempt to launder the stolen funds. This marks the first movement of the funds since the hack, which resulted in a loss of $100 million from the crypto exchange.

Poloniex Hacker Moves Stolen Funds

The hacker responsible for the massive Poloniex crypto exchange hack in November 2021 has repor... Read the full article for FREE at COINOTAG!