TrustedVolumes hacker transfers $278,000 in funds

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The hacker behind the TrustedVolumes exploit has moved $278,000 in stolen funds. According to MarsBit, the attacker deposited 10.2 ETH ($23,600) into Tornado Cash and converted 110 ETH ($250,000) to BTC via THORChain. ETH prices remain under pressure as the attacker also attempted to deposit 0.5 ETH into Railgun before withdrawing it. The exploit occurred on May 7, 2026, draining $6.7 million from the platform. ETH analysis shows continued volatility amid such incidents.

Huo Xing Cai Jing reports, according to PeckShield monitoring, the TrustedVolumes attacker has laundered $278,000 in funds: depositing 10.2 ETH ($23,600) into TornadoCash, swapping 110 ETH ($2.5 million) into BTC via THORChain, and attempting to deposit 0.5 ETH into Railgun before reversing the transaction. TrustedVolumes was attacked on May 7, suffering losses of approximately $6.7 million.

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