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Coin Edition 2025-04-28 06:00:00

From SHIB to ETH to Tornado: How Bitrue’s stolen crypto is finally on the move

From SHIB to ETH to Tornado: How Bitrue’s stolen crypto is finally on the move

Bitrue hacker resurfaces after a year, laundering millions through Tornado Cash mixer Hot wallet risks reignite after Bitrue and KiloEX hacks shake crypto industry trust Blockchain analysts trace Bitrue hacker’s moves as laundered funds re-enter Ethereum markets The hacker behind the $23 million Bitrue exchange breach has resurfaced, moving and laundering a significant portion of the stolen crypto after lying low for nearly a year. Blockchain analytics firm Onchain Lens reported that the attacker recently offloaded $2.88 million worth of Shiba Inu (SHIB) and Holo (HOT) tokens to acquire 1,511 ETH at an average price of $1,911 per ETH. 15 hours ago, the @BitrueOfficial hacker sold $2.88M worth of $HOT and $SHIB to buy 1,511 $ETH at a price of $1,911. The hacker also sent 1,050 $ETH ($1.89M) through #TornadoCash and still holds 16.34M $DAI and 5,111.45 $ETH in another wallet. Address:… pic.twitter.com/YBSvMoVWN0 — Onchain Lens (@OnchainLens) April 28, 2025 Following the conversion, the hacker laundered 1,050 ETH—approximately $1.89 million—through Tornado Cash, a decentralized crypto mixer known for obfuscating fund flows. Despite the transactions, … The post From SHIB to ETH to Tornado: How Bitrue’s stolen crypto is finally on the move appeared first on Coin Edition .

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https://www.digistore24.com/redir/325658/ceobig/
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62.39%
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