North Korean Hackers Allegedly Acquire PEPE Tokens Using Tornado Cash

North Korean hackers allegedly laundered stolen funds through Tornado Cash and used them to acquire a substantial amount of PEPE tokens, raising concerns about the misuse of privacy-enhancing tools for illicit activities.

According to Foresight News, blockchain investigator ZachXBT has reported on his personal channel that a probe into Tornado Cash asset theft has revealed North Korean hackers used the platform to mix coins on March 11. Following this, they allegedly purchased 437.6 billion PEPE tokens, valued at approximately $3.1 million, using part of the ETH funds.

Previously, Foresight News reported, based on Lookonchain monitoring, that three wallets made significant purchases of 689.79 billion PEPE tokens, totaling around $4.3 million. The funds for these transactions were also traced back to Tornado Cash.😅 #pepe #eth