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Crypto DeFi

Cysic Attacker Moves $743.7K in ETH, BNB to Tornado Cash

An address tagged as the Cysic attacker deposited 300 ETH worth about $721,140 and 30.4 BNB worth about $22,590 into Tornado Cash, PeckShieldAlert monitoring shows. The Cysic Foundation said its cross-chain bridge suffered a security incident on Oct. 17 that led to 10 million CYS being minted without authorization on BNB Chain.

Original source

AI take

The movement of stolen funds into Tornado Cash marks a shift from exploit to laundering, complicating any recovery path for Cysic and its holders. Because the unauthorized CYS minting occurred on BNB Chain, the mixing of both ETH and BNB suggests the attacker is consolidating across chains rather than sitting on assets. The open question is whether exchanges and bridge operators flag the tainted addresses, and whether Cysic's response moves beyond disclosure toward a concrete remediation plan.

Generated by AI for reference only.

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