Odaily Planet Daily reports, according to Bitcoin News monitoring, the attacker behind the Ledger supply chain theft has transferred nearly 3,000 ETH in three transactions via Tornado Cash, moved the funds into Zcash’s privacy pool, and subsequently exchanged them for USDC. Investigator @YFarmX stated that despite the use of privacy tools, they have traced 108 transactions completed via Zcash through exact value matching. An estimated $2.85 million in stolen USDC remains stored in three wallets, which Circle may be able to freeze. Meanwhile, Tether has reportedly frozen $10 million in stolen USDT; wallets associated with the attacker still hold $38.6 million in ETH and $16.9 million in BTC.
Ledger attackers move nearly 3,000 ETH via Tornado Cash and Zcash
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Summary
Ledger attackers have moved nearly 3,000 ETH via Tornado Cash, with ETH news indicating the funds were converted into USDC through Zcash. Investigators have tracked 108 Zcash transactions, and $2.85 million in stolen USDC remains in three wallets. Tether has frozen $10 million in stolen USDT, while related wallets still hold $38.6 million in ETH and $16.9 million in BTC. An ETH update reveals ongoing efforts to trace the stolen assets.
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