Tornado Cash receives 75% of funds laundered on Ethereum, new research reveals
EthereumAng Tornado Cash ay tumatanggap ng 75% ng mga pondo na na-launder sa Ethereum, ayon sa bagong pananaliksik08 / 17 / 2022Balita ng Ethereum ng Bitcoin Considering the magnitude of funds changing hands in the cryptocurrency market araw-araw, cybercrime and money laundering are abundant, with one of the most infamous such incidents involving the crypto mixing service Tornado Cash (TORN). As it happens, Tornado Cash has found itself in the midst of a scandal implicating it in the attacks on Ethereum (ETH) blockchain bridges, including Harmonys Horizon bridge, by the North Korea-sponsored Lazarus Group. To make things worse for the mixer, new data has come to light that shows that Tornado Cash has so far received 74.7% of the total funds laundered on the Ethereum network, or up to 300,160 ETH, according to the 2022 Mid-Year Blockchain Security and AML Analysis Report by blockchain security firm SlowMist. Platform percentage of ETH laundered. Source: SlowMist As for the rest of the funds, about 24% of them (95,570 ETH) are still in hackers wallets, whereas 1.5% (6,250 ETH) have been sent to a trading platform. Source of the initial funding for the attacks In addition, the research has also discovered that Tornado Cash accounts for the largest chunk of