CertiK Traces $63M in Tornado Cash Funds to $282M Crypto Hack

Blockchain security firm CertiK has traced approximately $63 million of the funds stolen in the January 10th $282 million cryptocurrency wallet compromise to the privacy-focused mixing protocol, Tornado Cash. The analysis showed that a portion of the stolen Bitcoin (BTC) was bridged to Ethereum, converted to Ether (ETH), and then split across multiple addresses before entering Tornado Cash. Experts note that this movement follows a classic large-scale laundering playbook, where using mixers like Tornado Cash significantly reduces the chances of recovery, often dropping them to "near zero" after funds enter the protocol. The initial theft, which compromised a wallet holding 1,459 BTC and over 2 million LTC, was reportedly the result of a social engineering attack where the victim was tricked into revealing their seed phrase.

(Source：Cointelegraph)