The hacker behind the Nomad Bridge exploit has moved $35 million in Ethereum (ETH) through Tornado Cash, a privacy-focused mixing service. This move is part of an ongoing effort to obscure the origin of the stolen funds and complicate tracking by authorities.
The transfer of such a significant sum through Tornado Cash highlights the challenges law enforcement and security experts face in tracing illicit cryptocurrency transactions. Tornado Cash is known for its ability to anonymize transactions, making it difficult to trace the flow of funds.
The Nomad Bridge hack, which resulted in a major security breach and significant financial loss, continues to attract attention as investigations proceed. The use of privacy tools like Tornado Cash by the hacker underscores the evolving tactics employed to evade detection and recover stolen assets.
As authorities and cybersecurity experts work to address the fallout from the hack, the incident serves as a stark reminder of the importance of robust security measures and the challenges of tracking illicit activities in the digital asset space.