TREE NEWS reports: About $72.9 million stolen in the Ledger CryptoBillis attack remains in addresses controlled by the attacker, held in bitcoin, ether and USDT. A further $3.1 million has moved into Tornado Cash, while the rest of the funds have been bridged, swapped or layered through relayers.
Ledger CryptoBillis Hack: $72.9M Still in Attacker-Controlled Addresses
The concentration of stolen funds in attacker-controlled wallets, rather than immediate full laundering, suggests a deliberate holding pattern that keeps the assets traceable yet unspent. The partial Tornado Cash transfers show a preference for mixing only what is needed to fund operations, leaving the bulk exposed to chain analytics. For counterparties and exchanges, the practical risk is tainted-asset exposure if those balances ever move. Whether the remaining holdings stay dormant or are gradually layered out is the open question.
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