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May 26, 2023 by Felix
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Yearn DeFi Hacker Launders $11.6M through Tornado Cash



The post Yearn DeFi Hacker Launders $11.6M through Tornado Cash appeared first on Coinpedia Fintech News

Yearn Finance Protocol’s old version was hacked last month and the hacker stole $11.6M in Stablecoins. The exploiter transferred $3.6M worth of 2000ETH to Tornado Cash in recent transactions. Peckshield, a Blockchain Analytics Firm stated that the exploiter taking funds to varied addresses and dispelling them to Tornado Cash. The laundering was nearly worth $9.3B by the hacker via transactions on Tornado Cash.  



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