Poloniex hacker transfers stolen resources for the initially time, leaving $182 million intact

Wow! The Poloniex cryptocurrency exchange hacker has built a daring go by transferring 100 ETH to the Twister Funds mixer!

It seems journalist Colin Wu is on the situation, noting this as the initially time a hacker has taken this sort of a step to launder stolen assets. Meanwhile, a whopping $182 million worth of cryptocurrencies, such as Ethereum (ETH), Tron (TRX), Bitcoin (BTC), and Bitcoin Token (BTCT) are still chilling in the hacker’s wallet.

Flashback to Nov. 10, 2023, when Poloniex confronted a large decline of practically $125 million due to the assault. Proprietor Justin Sunlight came to the rescue by correctly identifying and freezing a portion of the assets joined to the hacker’s addresses. Sunlight even dangled a $10 million reward for the hacker to return the stolen property.

Going on to other hackers in the activity – individuals from Kronos Study cryptocurrency platform and Hundred Finance cross-chain lending protocol are also dipping their toes in the Tornado Cash pool.

A deep dive by analytics firm PeckShield uncovered the hacker’s actions, starting off with a small $200 ETH take a look at transaction and escalating to a whopping 1,314 ETH (practically $4 million) transfer to a new tackle. To increase much more drama, the hacker decided to split this sum into 10 transactions of 100 ETH, all heading to Twister Cash.

The cherry on best? The resources sent to Twister Money achieved a grand total of 3,000 ETH, amounting to around $3 million.

In a thrilling convert of occasions, Kronos Money fell sufferer to hackers in November 2023 right after they managed to crack the API keys.

When Tornado Hard cash looks to be the go-to for going illicit resources, the U.S. federal government stepped in with sanctions in opposition to this crypto mixer in August 2022. Builders confronted prices of revenue laundering and sanctions violations, with the most up-to-date twist involving the prosecutor’s place of work calling for a five-yr jail sentence for Twister Income co-founder, Alexey Pertsev.