$27.3M Crypto Heist: Hacker Uses Tornado Cash to Launder Stolen Funds

Another day, another crypto exploit—except this one cuts deep. A hacker just siphoned off $27.3 million in digital assets, then tossed them into Tornado Cash’s anonymity blender. Who said crime doesn’t pay?

How It Went Down

The attacker bypassed security protocols like they were wet tissue paper, draining wallets with surgical precision. The funds? Now spinning through Tornado’s obfuscation cycles—because nothing says ‘financial innovation’ like a money-laundering tool built on Ethereum.

Why This Matters

While regulators wring their hands over ‘decentralized threats,’ hackers keep cashing in. The irony? Wall Street still calls crypto the ‘wild west’ while running fractional reserve banking since 1863. Priorities.

Bottom Line: Until exchanges fix their Swiss cheese security, expect more heists—and more ‘privacy tools’ doing overtime for criminals. The blockchain doesn’t lie… but it sure gets robbed a lot.

A hacker took control of a multi-signature wallet, stealing $27.3 million in crypto assets. The attacker recently withdrew 1,000 ETH (about $3.24 million) from Aave and laundered funds through Tornado Cash, with total deposits reaching 6,300 ETH (around $19.4 million). On-chain data shows the hacker still holds Leveraged positions worth $9.75 million in ETH and DAI. This follows a September 22 attack where the same actor minted unauthorized tokens and drained tens of millions in crypto.