The hackers who hit Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, routed their stolen Ethereum (ETH) to sanctioned crypto mixer Tornado Cash (TORN).
The blockchain security company PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash over the past eight days.
In November, hackers attacked Heco Bridge and crypto exchange giant HTX, both of which are linked to Sun. According to cybersecurity firm Cyvers, the protocols were hacked for a combined amount of $100 million – of which $86 million came of the Heco bridge.
Heco Bridge moves money between Ethereum and the energy-saving blockchain Heco Chain.
Tornado Cash is an Ethereum-based coin mixing system that allows users to hide their digital assets.
The controversial project was approved by the US in 2022 for national security purposes. One of its founders, Roman Storm, was arrested and charged last year by the U.S. Department of Justice (DOJ) for allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the Lazarus Group, the sanctioned North Korean cybercriminal group.
The DOJ also charged Roman Semenov, co-founder of Tornado Cash, although he remains at large.
In addition, one of the developers of the project, Alexey Pertsev, was arrested in the Netherlands in 2022 on charges of money laundering.
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