Wallet tied to $200M Mixin Network hack moves ETH after over two years of dormancy: onchain data
Summary
A wallet associated with the approximately $200 million hack of Mixin Network in September 2023 has become active again, moving 2,005 ETH (worth about $3.85 million) through the privacy mixer Tornado Cash. Subsequently, three new wallets received a total of 2,087 ETH from Tornado Cash and sold the tokens. The hacker's wallet still retains significant assets, holding about 57,849 ETH and 891 BTC. The original Mixin hack, which occurred nearly three years ago, resulted in the loss of 59,854 ETH, 891 BTC, and $23.57 million in USDT. Following the breach, Mixin suspended services, offered the hacker a $20 million bounty, and drew scrutiny over its infrastructure's decentralization.
(Source:The Block)