Deribit Hacker Has Started Moving the Stolen $28M to Tornado Cash
Etherscan data shows that the hacker has moved over $2.5 to Tornado Cash. Less than a week after exploiting the leading cryptocurrency derivatives exchange Deribit, the attacker started moving the stolen funds. As of November 5, the hacker had moved 1,610 Ether (ETH) worth over $2.5 million to the U.S.-sanctioned crypto mixer Tornado Cash.
The exchange was forced to pause withdrawals and deposits as it tried to control the situation by conducting security checks. Deribit told users that all losses would be covered by its reserves and not the insurance fund, assuring them that clients’ assets, including those in cold storage, were unaffected. The platform resumed activities that same day after migrating all hot wallets to crypto custodian Fireblocks. The exchange also instructed users to refrain from sending funds to their previous BTC, ETH, and USDC addresses, as they could be exploited again
Source
https://t.me/Crypto_Bitcoin_Blockchain
