CertiK Warns of $2.3M Wallet Breach Laundered Through Tornado Cash
Blockchain security firm CertiK flagged a $2.3 million wallet breach after detecting abnormal on-chain activity. Two wallets funneled $1.8 million and $506,000 to a single address later identified as malicious. The stolen funds were swiftly laundered via Tornado Cash, complicating recovery efforts.
CertiK's Skylens platform identified the suspicious transactions in real-time, noting deviations from typical asset management patterns. The breach targeted wallet security directly, bypassing smart contract vulnerabilities—a reminder of custodial risks in decentralized finance.
The incident underscores the persistent challenge of tracing funds through privacy tools like Tornado Cash, which remains a favored conduit for illicit crypto movements despite U.S. sanctions.
