According to Huoxing Finance, on-chain investigator ZachXBT disclosed on his personal channel that a hacker withdrew approximately 3,200 ETH via Tornado Cash between July 2 and 3. The funds are linked to two private key compromise incidents. The hacker subsequently used Circle’s CCTP cross-chain bridge to launder approximately $5,500,000 in assets and further transferred the USDC to seven deposit addresses on the Arbitrum network. ZachXBT noted that the fund flow exhibits a classic decentralized money laundering pattern, leveraging mixing tools and cross-chain infrastructure to obscure tracking. The associated on-chain assets are still actively circulating.
ZachXBT Reveals $5.5M ETH Theft via Tornado Cash and CCTP Bridge
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Summary
ETH news: Chain analyst ZachXBT reported that a hacker withdrew 3,200 ETH from Tornado Cash between July 2 and 3, 2026. The funds were tied to two private key leaks and transferred via Circle’s CCTP bridge to launder approximately $5.5 million. Assets were sent to seven Arbitrum addresses. ETH update: The transaction pattern reveals a standard decentralized laundering route using mixers and cross-chain tools; the funds remain in active circulation.
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