Mixin Network's 30 Billion Yen Hack: Perpetrator Moves and Sells Stolen Cryptocurrency

In 2023, a wallet associated with the Mixin Network hacking resumed activity after more than two years of dormancy, transferring and selling the cryptocurrency Ethereum (ETH). This was reported by Lookonchain. The wallet transferred 2,005 ETH (approximately 600 million yen) to the cryptocurrency mixer Tornado Cash. Shortly thereafter, three newly created wallets received a total of 2,087 ETH from Tornado Cash and sold them at approximately 1,933 dollars per ETH, according to blockchain data from Arkham. The wallet still contains...