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$48 million in hacker funds reappear in movement! Kyber attacker begins money laundering
On-chain monitoring shows that the hacker who attacked Kyber Network has recently been transferring some stolen funds into the privacy mixing protocol Tornado Cash, attempting to further conceal the flow of funds.
The attacker is believed to be Andean Medjedovic. As early as the end of 2023, he had stolen approximately $48.8 million worth of assets by attacking KyberSwap. Even earlier, he had also attacked Indexed Finance, stealing about $16.5 million.
As the case's impact continues to grow, the hacker has been indicted by the Federal Bureau of Investigation in 2025, and the investigation is still ongoing.
In the blockchain world, every transaction can be traced; while it may take time, on-chain records will not disappear.
In the short term, some may evade regulation, but in the long run, transparent ledgers will ultimately provide answers. ๐#WCTCไบคๆ็PK #ๅ ๅฏๅธๅบๅฐๅน ไธ่ท #Polymarketๆฏๆฅ็ญ็น $SSV $TAO