TrustedVolumes hacker laundered $278,000 in stolen funds

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On May 11, 2026, the hacker behind the TrustedVolumes exploit deposited 10.2 ETH (approximately $23,600) into Tornado Cash. ETH analysis shows the attacker later used THORChain to swap 110 ETH for BTC, moving approximately $250,000. The entity also attempted to deposit 0.5 ETH into Railgun but reversed the transaction. The ETH price remains under close watch as the laundering activity unfolds.

BlockBeats news, on May 11, according to PeckShield monitoring, the TrustedVolumes attacker deposited 10.2 ETH (approximately $23,600) into Tornado Cash and used THORChain to cross-chain swap 110 ETH for BTC, involving a total transfer value of approximately $250,000.


Additionally, the entity attempted to deposit 0.5 ETH into Railgun but later changed its mind and transferred the funds back.

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