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Coinpedia 2023-12-06 09:44:12

Kyberswap Hack: $4.5M of Stolen Assets Directed to Tornado Cash for laundering

The post Kyberswap Hack: $4.5M of Stolen Assets Directed to Tornado Cash for laundering appeared first on Coinpedia Fintech News In a stunning turn of events, the perpetrator behind the Kyberswap exploit has initiated an act of laundering. Reports indicate that approximately 4.5 million worth of stolen assets are already being funnelled into Tornado Cash, a renowned privacy-focused platform. As the exploit continues to unfold, the convergence of illicit activity and decentralized anonymity underscores the …

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