CertiK Traces Tornado Cash Activity to $282M Crypto Compromise
CertiK reported that at least 686 BTC was bridged to Ethereum, converted into about 19,600 ETH, split across multiple wallets, and then sent into the mixer. The theft was traced to a social engineering attack in which the attacker obtained a seed phrase, which allowed them to take control of a wallet holding approximately 1,459 BTC and more than 2 million Litecoin. Meanwhile, South Korean authorities said they dismantled a money laundering network that allegedly moved 148.9 billion won, or about $101.7 million, using cryptocurrency and domestic bank accounts. The Korea Customs Service stated that the operation ran from 2021 to 2025 and concealed illicit transfers as legitimate personal expenses.
Tornado Cash Used in $282M Wallet Hack
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