Balancer hacker begins moving stolen ETH…distributed transfers via Tornado Cash

Minseung Kang

Summary

Onchain Lens said an address involved in the Balancer hack has begun moving the stolen Ethereum (ETH) to Tornado Cash.
Balancer said it recently had about $116 million worth of crypto assets stolen in the hack.
Balancer said it has offered to pay the hacker 20% of the stolen assets as a white hat reward.

An address linked to the Balancer (Balancer) hack has begun moving the stolen Ethereum (ETH) through the privacy protocol Tornado Cash (Tornado Cash).

On the 15th (local time), on-chain analytics account Onchain Lens said on X (formerly Twitter), "The Balancer exploiter has begun moving ETH to Tornado Cash."

Earlier, Balancer said it had about $116 million worth of crypto assets stolen in a hacking attack on the 3rd (local time). Balancer is currently said to have offered to pay the hacker 20% of the stolen assets as a white hat (white hat) reward.

ETH

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

Balancer hacker begins moving stolen ETH…distributed transfers via Tornado Cash

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