Suspected Hacker Swaps 1,670 ETH From Tornado Cash for ZEC on Hyperliquid

The notable signal here is the route rather than the size: funds exiting Tornado Cash and being converted through a perpetuals venue into a privacy-oriented asset points to a laundering pattern that leans on exchange liquidity and an asset with a smaller on-chain footprint than ETH. For Hyperliquid, this is another data point on how permissionless perp venues become conversion rails for tainted flows, which matters to compliance teams and anyone tracking exchange-level risk. Whether ZEC's role as a destination in such swaps persists, and how venues like Hyperliquid screen for it, is the open question.