Penpie hacker launders 26% of $27M stolen funds in 12 hrs

The Penpie protocol hacker funneled $7 million through Tornado Cash within hours after stealing $27 million, highlighting DeFi security risks.

The Penpie protocol’s hacker siphoned about $7 million of stolen funds through crypto mixer Tornado Cash within about twelve hours of draining $27 million on Sept. 3. 

On Sept. 4, Web3 security firm Cyvers alerted about the hacker transferring 26% of the hacked funds to a Tornado Cash address.

Source: Cyvers Alerts

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The Penpie protocol hacker funneled $7 million through Tornado Cash within hours after stealing $27 million, highlighting DeFi security risks.
The Penpie protocol’s hacker siphoned about $7 million of stolen funds through crypto mixer Tornado Cash within about twelve hours of draining $27 million on Sept. 3. On Sept. 4, Web3 security firm Cyvers alerted about the hacker transferring 26% of the hacked funds to a Tornado Cash address.Source: Cyvers AlertsRead more