According to on-chain analyst Specter’s monitoring, the Step Finance attacker is actively routing the previously stolen funds to Ethereum via cross-chain bridges and depositing them into the mixing protocol Tornado Cash. The attacker first transferred $5.8 million in assets across chains and received 3,874 ETH; then transferred another $21.4 million, receiving 12,124 ETH. Currently, the attacker has cumulatively deposited $10.8 million into Tornado Cash, and the remaining $16 million in stolen funds are still being laundered. In addition, within the past five hours, including the case mentioned above, two attackers have collectively transferred more than 21.0 million US dollars to Tornado Cash.

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ThereAreCatsInTheContract.
· 2h ago
How exactly was this vulnerability in Step Finance targeted? Is there a post-mortem?
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SeaSaltFlavoredStablecoin
· 3h ago
21 million dollars into the mixer, on-chain detectives are probably frantically flagging.
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BridgeWhisperer
· 3h ago
Hackers are truly fearless, running around fully exposed on-chain and still being so arrogant.
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RiskParachute
· 3h ago
Tornado Cash is back in the spotlight, and regulatory pressure is likely to intensify.
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BugBountyBuddy
· 3h ago
3874 ETH in hand, it’s “washed” right away—this efficiency is much higher than DeFi mining.
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