Truebit hacker launders $26 million in ETH via Tornado Cash

Ethereum

Truebit hacker launders $26 million in ETH via Tornado Cash

• The hacker behind the Truebit exploit fully laundered 8,535 ETH through Tornado Cash.
• The Truebit team is coordinating with law enforcement and conducting a protocol review following the attack.

The Truebit hacker has laundered all 8,535 ETH stolen, valued at approximately $26 million, through Tornado Cash after exploiting a smart contract vulnerability in the Truebit Protocol on January 8, according to data tracked by Lookonchain.

The #Truebit hacker has deposited all 8,535 $ETH($26.44M) they stole into #TornadoCash and laundered it.

The exploit marks the years first major DeFi breach. The attacker abused an integer overflow in a legacy smart contract to mint millions of TRU tokens at near-zero cost, then sold them back into the protocol to drain its liquidity.

The attack crashed TRU by more than 99.9%, wiping out investor value.

Blockchain security firms later linked the wallet to a prior Sparkle Protocol hack, suggesting a highly sophisticated actor.

In response, the Truebit team urged users to halt interactions with the compromised contract, engaged law enforcement, and launched a comprehensive review to assess potential recovery options.