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BH Token stolen funds funneled into Tornado Cash

source-logo  crypto.news 19 October 2023 22:47, UTC
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Funds stolen in a prior exploit have reportedly been channeled into Tornado Cash, totalling an estimated 1,500 $BNB now within the mixer.

Deposits into Tornado Cash

According to an Oct. 11 from Certik, an exploit occurred on BH Token (BlackHole token), resulting in an exploiter (0xFDb) acquiring $1.2 million $USDT, which was later converted to $BNB and deposited into Tornado Cash, an Ethereum-based privacy tool.

#CertiKSkynetAlert 🚨

The BH Token exploiter has deposited stolen funds into @TornadoCash

So far, 1,500 $BNB has been deposited into the mixer

On 11th October, Black Hole token was exploited for 1.2m USDThttps://t.co/d9ZC6o2YsQ

— CertiK Alert (@CertiKAlert) October 19, 2023

Now, in a follow-up development dated Oct. 19, the malicious actor responsible for the theft has channeled stolen funds into Tornado Cash, has deposited a total of 1,500 $BNB into the mixing service so far.

A subject of another alert

Unfortunately, this is not the first time that Tornado Cash has made headlines for being part of a malicious attack in recent weeks.

On Sept. 11, another Certik alert went out about a wallet associated with over $24 million in stolen cryptocurrencies that had transferred 600 Ether (ETH) valued at approximately $936,000 into Tornado Cash.

crypto.news