ETH Stolen From Crypto.com Laundered Through Mixer

4,600 Ethereum (ETH), worth approximately $15 million, reportedly stolen from cryptocurrency exchange Crypto.com, is one of the mixers compatible with the Ethereum blockchain. Tornado Cash through laundering.

According to the transaction detected by PeckShield, obtained during the attack on Crypto.com at least 4,600 A portion of ETH started to be sent to Tornado Cash on the night of Monday to Tuesday, Turkey time.

Launched at the beginning of 2020, Tornado Cash allows transactions made on the Ethereum network. sender and buyer It provides users with more anonymity than usual by covering the bond between the parties on its side.

Mixers, which can be used for purposes such as money laundering, have entered the radar of many regulators, including those in the US and European Union. Roman Storm, co-founder of Tornado Cash, in an interview last year, “legal compliance is of paramount importance to them” had said.

Singapore-based crypto exchange Crypto.com, on the notice of some customers, withdrawals As of Monday morning, it decided to stop it. It took about 14 hours for transactions to reopen.

Kris Marszalek, CEO of the exchange, Users money is safe explained that the incident and that their internal investigation of the incident is continuing.

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