CertiK flags $400,000 tied to Coldcard wallet exploit routed via THORChain into Tornado Cash

AI Market Summary

CertiK flagged two 200 ETH transfers to Tornado Cash tied to the Coldcard wallet attack, with funds previously bridged from BTC via THORChain. The flow highlights ongoing post-exploit laundering and reinforces counterparty/compliance risk around cross-chain bridges and privacy mixers. Near-term, this can pressure sentiment in affected ecosystems as traders reassess security and potential regulatory scrutiny.

Impact level

● Medium

Affected assets

ETH/USDT-0.22%

AI Insight · ETH/USDTAI Insight

▼ Bearish

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CertiK said its monitoring system spotted two transfers of 200 ETH each into Tornado Cash, involving proceeds tied to the ongoing Coldcard Wallet exploit. The firm noted the funds were first bridged from BTC to an Ethereum address through THORChain before being sent on to Tornado Cash.

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