Ostium Exploit Drains $23.75M USDC, Swapped for 12,084 ETH
The attacker converted the full haul into 12,084 ETH at ~$1,966 and routed most of it through Tornado Cash, the laundering pattern that keeps drawing OFAC's attention.
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The attacker converted the full haul into 12,084 ETH at ~$1,966 and routed most of it through Tornado Cash, the laundering pattern that keeps drawing OFAC's attention.
A five-month dormant wallet dumping its full $21.4M SOL hoard into ETH and then through a mixer is a textbook post-exploit cleanup, and a reminder that stolen Solana still finds an off-ramp to…
Section 604 writes FinCEN's 2019 guidance into statute, but the 'non-controlling' test leaves every operator with a kill switch, multisig, or upgrade key still exposed to the same theory that…
The attacker converted the full haul to ETH and routed 1,000 of it through Tornado Cash within hours — a textbook MEV-operator exit and a reminder that the bots eating Ethereum's mempool aren't…
The on-chain trail is live: a known exploit wallet converted stablecoin proceeds into ETH at $1,764 average and is actively mixing through Tornado Cash, making recovery increasingly unlikely.
Only ~$1.7M remains in the original wallets — the laundering path through THORChain, Wasabi, Tornado Cash, and Umbra has closed the window for direct transaction-level recovery.
The theft is the latest in a string of wrench attacks on crypto holders, and the $5.3M routed through Tornado Cash shows the laundering playbook is now standard for these heists.
A compromised admin key let the attacker mint 1,000 unauthorised eBTC and launder proceeds through Tornado Cash — the latest in a string of mega-exploits now totaling hundreds of millions across DeFi.
The attacker minted 1,000 eBTC out of thin air on Monad, drained $867K in WBTC from Curvance, and routed the proceeds through Tornado Cash — with $73.2M in unlaundered eBTC still sitting in the…