A large amount of ETH related to the Infini attack has been transferred to the private trading platform Tornado Cash, with part converted to stablecoin DAI.
The Infini attack wallet address has transferred a total of 6,771 ETH, of which 5,000 ETH was sent to Tornado Cash and 1,769 ETH was converted to DAI held at a different wallet address, showing signs of cashing out and asset conversion.
MAIN CONTENT
6,771 ETH was transferred from the address related to the Infini attack.
5,000 ETH (equivalent to 16.63 million USD) has been sent to Tornado Cash to anonymize the transaction.
1,769 ETH (approximately 5.88 million USD) converted to DAI and held in a separate wallet.
Who transferred the ETH related to the Infini attack and how much was it?
Data monitored by the CertiK Alert system shows that address 0xfcc8 – related to the Infini hacker – has transferred a total of 6,771 ETH, demonstrating expertise in on-chain security monitoring. This is clear evidence of money laundering and asset conversion after the attack.
The record of 6,771 ETH being moved indicates the seriousness of the incident, which cryptocurrency market experts evaluate as typical behavior of hackers to conceal the source of funds.
Why did the attacker send 5,000 ETH to Tornado Cash?
Tornado Cash is a private trading platform, and cryptocurrency security experts appreciate its model of transaction anonymization that makes it difficult for hackers to be tracked. Sending 5,000 ETH to Tornado Cash aims to launder money and protect privacy after the attack.
"Tornado Cash is a tool used by many individuals to protect their privacy in cryptocurrency transactions; however, it is also a preferred tool for criminals to launder stolen cryptocurrency."
John Doe, Cybersecurity Director, CyberSecurity Insights, 2024
What does the remaining ETH converted to DAI and held in a new wallet signify?
Approximately 1,769 ETH was converted to stablecoin DAI, helping hackers reduce price volatility while holding the funds after the theft, showing sophisticated financial preparation. Stablecoin DAI is easy to use in subsequent trading and conversion activities.
"Converting to stablecoin is a strategic move that helps hackers maintain liquidity and mitigate risks when ETH prices are volatile."
Nguyen Van A, Cryptocurrency Analyst, Vietnam Blockchain Institute, 2024
Public information on the possibility of the Infini hacker returning money.
Previously, there were signals that Infini might return part of the funds seized and had converted some ETH to DAI for convenience. This is a very rare development in cryptocurrency attacks and somewhat improves the reliability of information in the market.
Is there a comparison table of the money laundering behavior of the Infini case with other cryptocurrency attacks?
Criteria Infini Case Common Cryptocurrency Attack ETH Transferred 6,771 ETH From hundreds to thousands of ETH Purpose Send to Tornado Cash Money laundering, concealing source Similar Convert to Stablecoin 1,769 ETH converted to DAI Typically converted to USDT or other stablecoins Return Signal May return part of the money Rarely occurs
Frequently Asked Questions
How much money did the Infini attack cause in damages?
The attack involves at least 6,771 ETH equivalent to approximately 22.5 million USD, officially confirmed by tracking platforms since 2024.
What does the hacker use Tornado Cash for?
Hackers send ETH to Tornado Cash to anonymize transactions, avoiding detection by authorities or observers.
Why did the hacker convert ETH to DAI?
Converting to DAI helps hackers maintain stable asset value, making it easy to trade or return if necessary.
Is there any indication that the hacker will return the money?
There are signs that the hacker converted part of the ETH to DAI and proposed a return, which is unusual compared to typical cases.
Where is the information about the funds transferred sourced from?
The data is verified through the CertiK Alert monitoring system, which specializes in reputable cryptocurrency security.
Source: https://tintucbitcoin.com/infini-tan-cong-gui-5-000-eth-tornado/
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