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Author Topic: CoinStats exploiter moves almost $1M to Tornado Cash  (Read 265 times)

Offline Husires

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CoinStats exploiter moves almost $1M to Tornado Cash
« on: July 10, 2024, 05:18:02 PM »
Blockchain security firm CertiK flagged that two wallets linked to the CoinStats exploit in June have transferred 311 ETH, worth about $959,000, to Tornado Cash. One wallet moved 211 Ether while the other sent 100 ETH to the crypto mixer.



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On June 22, crypto portfolio manager CoinStats suspended user activity following a breach that affected 1,590 crypto wallets. The company announced that it had shut down the application to “isolate the security incident.”

The firm said the attack had been mitigated and noted that “none of the connected wallets and CEXes were impacted.” The company urged affected users to move their funds using their exported private keys.

The reason why customers lost their money is that one of the employees who was socially engineered into downloading malicious software then connected to the service only to be stopped later. It seems that tracking will be more difficult due to their use of the mixing service.

https://cointelegraph.com/news/coinstats-hack-1m-eth-transferred-tornado-cash
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CoinStats exploiter moves almost $1M to Tornado Cash
« on: July 10, 2024, 05:18:02 PM »

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