Truebit Hacked as 8,535 ETH Laundered Through Tornado Cash

Truebit Vulnerability Leads to Massive Fund Theft

On January 11, blockchain security teams detected that Truebit was exploited due to a vulnerability, resulting in the theft of 8,535 ETH valued at around $26.36 million.

Hacker Laundered Funds via Tornado Cash

Shortly after the theft, the hacker laundered the funds through Tornado Cash just four hours ago, complicating tracking and recovery efforts.

• This incident has reignited discussions around smart contract security.
• Decentralized mixing services pose challenges for tracing stolen assets.
• The community is calling for improved auditing and risk mitigation strategies.