The hackers behind the $28 million theft from the Panama-based crypto exchange, Deribit, have begun moving the stolen Ethereum (ETH) to the sanctioned crypto coin mixing service, Tornado Cash.
Deribit Hackers Move ETH to Tornado Cash
On November 1st, the hot wallet of Deribit, a leading cryptocurrency derivatives exchange was compromised, with the attackers siphoning Bitcoin (BTC), ETH, and USD Coin (USDC).
According to on-chain data, the unknown culprits behind the Deribit exploit are now transferring stolen funds using Tornado Cash, the infamous decentralised cryptocurrency mixer.
Data from the Ethereum block explorer Etherscan shows that the exploiters used 17 transactions to move a total of 1,610 Ether, worth around $2.5 million, to Tornado Cash.
The first transaction on November 5th was $350,000. With only $2.5 million moved, at least $25.5 million worth of cryptocurrencies from the Deribit…
