Crypto Heist Heats Up: Orbit Chain Hackers On The Move With $48 Million

Crypto Heist Heats Up: Orbit Chain Hackers On The Move With $48 Million


Cryptocurrency investors are in a tizzy after dormant funds from the December Orbit Chain heist were spotted tumbling through Tornado Cash, a notorious blockchain anonymizer. The hack, which pilfered a staggering $48 million (now ballooned to $121 million due to market fluctuations), had gone quiet for months, leading many to believe the ill-gotten gains were gathering dust in a digital vault.

Elusive Hacker Strikes Again

Then, like a digital phantom, the hacker resurfaced, transferring nearly $50 million worth of stolen Ether to a new wallet before churning it through Tornado Cash, a service notorious for its ability to obfuscate the trail of cryptocurrency transactions. This laundering maneuver makes it extremely

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