A hacker who stole $ 23 million of Crypto Exchange Bittrue in 2023 has begun to wash revenues through Tornado cash, according to Debank data cited by Embercn.
The hacker sent $ 30 million in ether
At the mixing service on Thursday, having sold the Token in 2023, buying it after the price fell and kept it through the subsequent profits of Ether.
The second largest cryptocurrency per market value traded as high as $ 2,450 in 2023, and had fallen to only $ 1,472 in April before recovering to operate up to $ 2,873 this week, as shown in Coindeesk’s data. The hacker obtained a gain of $ 9.37 million in its transaction, said Embercn.
Debank data show that all stolen funds are now dispersing through tornado cash. It is not clear if the hacker was part of a larger group or that worked alone.
Cryptographic investors lost $ 1.67 billion for hacks and exploits in the first quarter of this year, since the industry fought to restrict the criminal underworld despite a rapid advance in institutional adoption.
The hacker path in the chain in Eserscan shows that some funds were also washed in April and between that period there were also several deposits for decentralized derivatives exchange hyperliquid.