Upbit hacker continues transferring funds to Tornado Cash, involving 1400 ETH

LiquidityWitch · 2026-01-08T12:20:09+00:00

Upbit exchange was hacked, resulting in a loss of approximately $36 million. The hacker attempted to hide the flow of funds by transferring them to the privacy mixing protocol Tornado Cash. The incident has raised concerns about exchange security and user asset protection.

LiquidityWitch

2026-01-08 12:20:09

Abstract generation in progress

【Crypto World】The hacker attack on Upbit exchange is still ongoing. According to MistTrack’s on-chain tracking data, the hacker address (starting with 0x93A0) behind this attack, which caused approximately $36 million in losses, is accelerating the transfer of funds. So far, 1,400 ETH have been quietly transferred to Tornado Cash—a privacy-focused mixing protocol. This move indicates that the attacker is attempting to break the trail of fund flow. From on-chain data, every step of the hacker’s operations is monitored by detection systems, but this shift to a mixing tool makes the ultimate destination of the funds ambiguous. Such incidents once again serve as a warning for exchange security and user asset protection.

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LiquidatedThrice

· 01-10 11:24

Here we go again, Tornado Cash is back, is it just mixing coins and calling it a day? Being tracked down and still playing this game, haha $36 million just disappeared like that, no wonder my coins are gone too

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