CDS Crypto News HECO Chain Exploiter Makes $145 Million Ether Impossible to Trace by Transferring to Tornado Cash
Crypto News

HECO Chain Exploiter Makes $145 Million Ether Impossible to Trace by Transferring to Tornado Cash

The HECO Chain exploiter is about to lose its trail with its moves.

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HECO Chain Exploiter Makes $145 Million Ether Impossible to Trace by Transferring to Tornado Cash

Crypto News – PeckShield, a crypto investigator, claims that the HECO Chain‘s exploiter attempted to make it nearly impossible to trace about $145.7 million worth of stolen Ether by making 19 outgoing transfers to Tornado Cash accounts.

HECO Chain Exploiter Makes $145 Million Ether Impossible to Trace by Transferring to Tornado Cash

One transaction totaling 0.2 ETH and $699 was sent separately to a different Tornado Cash address; however, the remainder of the funds were sent to one address.

The HECO Chain exploiter transmitted 11,300 ETH, or almost $39.5 million, in one move, which was its largest transaction. In September 2023, an account connected to a $24 million Rocket Pool hack moved 3,700 ETH to Tornado Cash with the same goal on March 21.

The Lazarus Group is Suspected of Using Tornado Cash

On March 13, hackers from North Korea’s Lazarus Group reportedly started utilizing Tornado Cash again to launder money taken from hacks, according to crypto analytics company Elliptic. The United States Treasury Department sanctioned the Tornado Cash protocol in August 2022 due to its purported involvement in the laundering of over $1 billion in criminal transactions, which included funds associated with the Lazarus Group. Roman Storm, a co-founder of Tornado Cash, was accused of conspiring to violate sanctions, commit money laundering, and run an unregistered money-transmitting firm alongside his suspected accomplice, Roman Semenov.

HECO Chain Exploiter Makes $145 Million Ether Impossible to Trace by Transferring to Tornado Cash
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lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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