Tectonic Hack Funds Sent to Tornado Cash in $6.65 Million Transfer
A significant portion of the funds unrecovered from the Tectonic crypto hack has been sent to Tornado Cash, according to PeckShield. The address linked to the hack transferred approximately 2,658.9 ETH (worth around $6.65 million) into Tornado Cash on September 3 UTC. This move highlights the risks associated with DeFi security and money laundering.
The transfer is a notable part of the funds that were not recovered after Cronos validators rolled back their chain following the August 30 incident. The destination of the funds has raised concerns about the potential for asset recovery efforts to be complicated, as well as the ongoing risks of money laundering in the crypto space.