BREAKING 🚨
An institutional wallet has just lost roughly $2.3 million (973 k MORPHO) after two of its addresses transferred the funds to Tornado Cash. 🔥
The transfers originated from addresses 0x4943b0c9959dcf58871a799dfb71bece0d97c9f4 and 0x10bf1dcb5ab7860bab1c3320163c6dddf8dcc0e4, both using EIP‑7702 delegation transactions. Earlier on Oct 9 the same 0x4943 address was linked to a $3.5 million theft that moved assets from Ethereum to Zcash via Near Intents and then into the Ironwood pool. On‑chain analysis shows overlap with an address tied to Nima Capital, a family office that suffered an eight‑figure loss after a private‑key compromise in September 2023. The repeated use of privacy‑enhancing mixers raises concerns about further laundering and regulatory scrutiny.
Authorities and compliance teams are now tracking the flow to assess potential market impact. 👀
$IOST, $PARTI, $DOOD
An institutional wallet has just lost roughly $2.3 million (973 k MORPHO) after two of its addresses transferred the funds to Tornado Cash. 🔥
The transfers originated from addresses 0x4943b0c9959dcf58871a799dfb71bece0d97c9f4 and 0x10bf1dcb5ab7860bab1c3320163c6dddf8dcc0e4, both using EIP‑7702 delegation transactions. Earlier on Oct 9 the same 0x4943 address was linked to a $3.5 million theft that moved assets from Ethereum to Zcash via Near Intents and then into the Ironwood pool. On‑chain analysis shows overlap with an address tied to Nima Capital, a family office that suffered an eight‑figure loss after a private‑key compromise in September 2023. The repeated use of privacy‑enhancing mixers raises concerns about further laundering and regulatory scrutiny.
Authorities and compliance teams are now tracking the flow to assess potential market impact. 👀
$IOST, $PARTI, $DOOD