The hacker responsible for the $25 million exploit of quantitative trading firm Kronos Research in mid-November 2023 started moving funds nearly six months after the exploit. The hacker transferred Ether (ETH) to different addresses, eventually making transactions to Tornado Cash, a crypto-mixing tool. This raised concerns and alerts from crypto analytics firm PeckShield regarding money laundering attempts.
Keyword: Kronos Research, hacker, fund transfer, Tornado Cash, crypto-mixing tool, money laundering, crypto analytics
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Last edited on: May 7, 2024 at 06:37 pm