Raydium exploiter moves $2.7M to Tornado Cash Raydium exploiter moves $2.7M to Tornado Cash
Blockchain security firm Certik flagged that a wallet linked to the Raydium exploiter has moved about 1,774.5 ETH to Tornado Cash, according to a tweet on Jan. 19.
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Updated: Jan. 19, 2023 at 2:19 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
A wallet address linked to the Raydium DEX exploiter has moved about $1.75 million worth of ETH via the sanctioned mixing protocol Tornado Cash.
On Dec. 16, the exploiter overtook Raydium’s owners’ authority and drained the protocol’s liquidity pools of assets worth $2.2 million, including $1.6 million in SOL tokens.
Following the exploit, the Raydium team proposed to compensate the affected users using funds from its DAO treasury.
Blockchain security firm Certik flagged that a wallet linked to the Raydium exploiter has moved about 1,774.5 ETH to Tornado Cash, according to a tweet on Jan. 19.
The transferred assets are worth approximately $2.7 million at ETH’s current price of $1,526, as per CryptoSlate data.
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Author 
Christian Nwobodo
Christian is a crypto-curious nerd who loves to investigate how protocols work under the hood. Christian is interested in DeFi protocol research, token economics, and on-chain analytics.
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