TREE NEWS reports: An attacker linked to the CryptoBilis Ledger hardware wallet incident deposited 2,990.3 ETH, worth about $7.45 million, into Tornado Cash between Oct. 9 and Oct. 10. On-chain sleuth Specter said the funds were first withdrawn across 14 addresses, bridged to the ZEC network via NEAR Intents and further privacy-processed. Some withdrawal transactions reused earlier deposit addresses, leaving traces researchers could follow.
Ledger Attacker Moves $7.45M in ETH to Tornado Cash
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AI take
The notable detail is the layering: funds were split across many addresses, bridged to ZEC through NEAR Intents, and only then pushed into Tornado Cash, which suggests the attacker is optimizing for trace resistance rather than speed. That mix of cross-chain routing and privacy tooling is the harder problem for investigators, since it fragments the paper trail across ecosystems. The reused deposit addresses are the counterpoint — operational sloppiness that gives researchers a thread. Whether that thread survives the ZEC leg is the open question.
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