On January 19, an Ethereum address associated with the Raydium AMM protocol exploit laundered 1,774.5 ETH (approximately $2.7 million) via the Tornado Cash mixer. CertiK drew attention to this. #CertiKSkynetAlert We are seeing ~1,774.5 ETH (~$2.7M) being deposited into @TornadoCash from the Raydium exploiter 0xb98ac as labeled on https://t.co/lb2v6r8c4s. stay vigilant! pic.twitter.com/JVqWAw9MVO — CertiKAlert (@CertiKAlert) January 19, 2023 The funds were stolen in December 2022 by hacking the administrator account keys that power Raydium smart contracts. The damage from the hack amounted to $4.4 million. 8 August OFAC imposed sanctions on the Tornado Cash mixer. The agency suspected the platformGo to Source
Author: NixCoin