According to Mars Finance, on-chain analyst Yu Jin has monitored that the Balancer Hacker started to launder ETH by transferring ETH after exchanging ETH LST Tokens and other non-ETH Tokens into ETH through Tornado: In the past hour, 2,000 ETH (636 million USD ) was deposited into Tornado. Transferring the stolen assets through Tornado essentially means that the hacker has given up the option of returning the assets to Balancer and then receiving the white hat bounty.
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Balancer Hacker will exchange the stolen ETH LST Token for ETH and then start to launder money through Tornado.
According to Mars Finance, on-chain analyst Yu Jin has monitored that the Balancer Hacker started to launder ETH by transferring ETH after exchanging ETH LST Tokens and other non-ETH Tokens into ETH through Tornado: In the past hour, 2,000 ETH (636 million USD ) was deposited into Tornado. Transferring the stolen assets through Tornado essentially means that the hacker has given up the option of returning the assets to Balancer and then receiving the white hat bounty.