Step Finance attacker sells 261,933 SOL for $21.4M, converts to 12,128 ETH

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The Step Finance attacker recently sold 261,933 SOL ($21.4M) and transferred the funds to Ethereum. The hacker purchased 12,128 ETH and sent it to Tornado Cash for mixing. This ETH movement indicates the attacker is now actively relocating assets after a five-month hiatus. The transaction underscores ongoing developments in Ethereum within the DeFi space.

According to on-chain analytics platform Lookonchain (@lookonchain), the Step Finance vulnerability attacker, after lying dormant for five months, has become active again, selling all 261,933 SOL (approximately $21.4 million), then transferring the funds cross-chain to the Ethereum network to purchase 12,128 ETH, which were subsequently deposited entirely into TornadoCash for coin mixing and laundering.

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