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TrustedVolumes Attacker Transfers $278K in Stolen Funds on May 11

GateNews
Security IncidentsOn-Chain Data
ETH-0.15%
BTC-0.94%

According to PeckShield monitoring, the TrustedVolumes attacker has transferred and laundered $278,000 in stolen funds as of May 11. The attacker deposited 10.2 ETH ($23,600) to Tornado Cash, converted 110 ETH ($250,000) to Bitcoin via THORChain, and attempted to deposit 0.5 ETH to Railgun before withdrawing. TrustedVolumes suffered a total loss of approximately $6.7 million in the May 7 attack.

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