{"id":557066,"date":"2023-02-27T09:00:43","date_gmt":"2023-02-27T06:00:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/lendhub-protocol-exploiters-spotted-shifting-3-85m-into-tornado-cash\/"},"modified":"2023-02-27T09:00:43","modified_gmt":"2023-02-27T06:00:43","slug":"lendhub-protocol-exploiters-spotted-shifting-3-85m-into-tornado-cash","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/lendhub-protocol-exploiters-spotted-shifting-3-85m-into-tornado-cash\/","title":{"rendered":"# Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a25da6de7b61\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a25da6de7b61\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/lendhub-protocol-exploiters-spotted-shifting-3-85m-into-tornado-cash\/#%E2%80%9D_Lendhub_protocol_exploiters_spotted_shifting_385M_into_Tornado_Cash_%E2%80%9C\" >&#8221; Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Lendhub_protocol_exploiters_spotted_shifting_385M_into_Tornado_Cash_%E2%80%9C\"><\/span>&#8221; Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-48054ca8>The suspected actors behind the $6 million exploit of decentralized finance lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto mixer Tornado Cash.<\/p>\n<p>Blockchain security firms PeckShield and Beosin alerted their respective followers to the movement of funds on Feb. 27, noting that around 2,415 Ether (ETH), worth about $3.85 million, was sent to Tornado Cash from a wallet connected to the Jan. 12 exploit.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw\">#PeckShieldAlert<\/a> ~2,415.4 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> (~3.85M) into Tornado Cash from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LendHubDefi?ref_src=twsrc%5Etfw\">@LendHubDefi<\/a> exploiters<br \/>LendHub was exploited, and $6M worth of cryptos was stolen from its protocol on Jan. 12.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/vDxHlTgR0o\">https:\/\/t.co\/vDxHlTgR0o<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/8FZY3v2Fe3\">pic.twitter.com\/8FZY3v2Fe3<\/a><\/p>\n<p>\u2014 PeckShieldAlert (@PeckShieldAlert) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/PeckShieldAlert\/status\/1630027178426642432?ref_src=twsrc%5Etfw\">February 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>PeckShield previously reported the LendHub exploit was the largest in January, with $6 million pilfered from the protocol.<\/p>\n<p>On-chain intelligence firm Beosin <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BeosinAlert\/status\/1630029511122362368\">tweeted<\/a> that the latest movement means a total of 3,515.4 ETH, currently worth over $5.7 million, has been sent to Tornado Cash by the exploiter since Jan. 13.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/a21b88fc-f537-42ba-a98b-bd09a075b999.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>The recent moves by the exploiter wallet sent funds to Tornado Cash in batches of 100 ETH, then moved on to smaller deposits. Source: <\/em><em>Etherscan<\/em><\/figcaption><\/figure>\n<p>Tornado Cash is a crypto mixing service that attempts to anonymize Ethereum transactions by combining vast amounts of Ether prior to depositing sums to other addresses. <\/p>\n<p>The service was sanctioned on Aug. 8 by the United States Office of Foreign Assets Control (OFAC) for its alleged role in the laundering of crime proceeds.<\/p>\n<p>Despite the sanctions and the website for the service being taken down, Tornado Cash is still able to run and be used, as it\u2019s a smart contract housed on a decentralized blockchain. <\/p>\n<p>A January report by blockchain analytics firm Chainalysis said that hacks and scams once contributed to around 34% of all inflows to the mixer\u00a0and were at times inflows reached around $25 million per day, but that dropped by 68% in the 30 days following the sanctions.<\/p>\n<p><strong><em>Related: \u200b\u200b<\/em><\/strong><strong><em>Crypto-related enforcement actions by US states rose sharply in 2022: Report<\/em><\/strong><\/p>\n<p>Bad actors in the space continue to frequent the service. Most recently, on Feb. 20, the exploiter behind an Arbitrum-based DeFi project transferred over $1.86 million\u00a0in ill-gotten crypto to Tornado Cash.<\/p>\n<p>The notorious North Korean hacker outfit Lazarus Group aloften sends significant sums to mixers such as Tornado Cash and Sinbad. <\/p>\n<p>An early February Chainalysis report claimed that exploited funds from North Korean hackers \u201cmove to mixers at a much higher rate than funds stolen by other individuals or groups.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/lendhub-protocol-exploiters-spotted-shifting-3-85m-into-tornado-cash\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash &#8220; The suspected actors behind the $6 million exploit of decentralized finance lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto mixer Tornado Cash. Blockchain security firms PeckShield and Beosin alerted their respective followers to the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":557067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/890aa317-4ca0-4d80-a94e-c61bbea4de4b.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,74891,74882,70944,71523],"class_list":["post-557066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-ethereum","tag-hacks","tag-hackers","tag-sanctions"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/557066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=557066"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/557066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/557067"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=557066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=557066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=557066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}