This Week On Crypto Twitter Tornado Cash Crackdown Crashes Crypto A suspected north korean cyberattack has drained $21 million from sbi crypto, raising serious concerns about the cybersecurity standards of japan’s financial institutions. In november 2023, $112.5 million in cryptocurrency was stolen from crypto exchange htx and its cross chain bridge, known as heco bridge. elliptic and others have attributed this theft to north korea’s lazarus group, based on various attributes of the hack and the subsequent movement of funds.
Coindesk On Linkedin North Korean Hackers Used Tornado Cash To Launder North korean hackers are increasing their use of privacy tools for illicit activity. the $21m theft adds to a growing list of crypto heists involving state sponsored hackers. Okx united states north korean hackers stole $21 million from sbi crypto, a subsidiary of japan’s sbi group, by exploiting its mining pool. the stolen funds, including bitcoin, dogecoin, litecoin, and ethereum, were moved through instant exchanges and laundered via tornado cash. An estimated $21 million in various cryptocurrencies was siphoned off by suspected north korean hackers, with the stolen funds swiftly routed through the controversial crypto mixer tornado cash to obscure their origins. Japanese cryptocurrency company sbi crypto has fallen victim to a $21 million hack that blockchain investigators have traced to suspected north korean hackers.
North Korean Hackers Transfer 750 000 In Eth To Tornado Cash Deploy An estimated $21 million in various cryptocurrencies was siphoned off by suspected north korean hackers, with the stolen funds swiftly routed through the controversial crypto mixer tornado cash to obscure their origins. Japanese cryptocurrency company sbi crypto has fallen victim to a $21 million hack that blockchain investigators have traced to suspected north korean hackers. The use of tornado cash in the laundering process has drawn renewed scrutiny. the mixer was sanctioned by the u.s. treasury in 2022 due to its role in processing illicit funds, including those linked to north korea. Sbi crypto, a japan headquartered bitcoin mining pool under sbi group, lost $21 million to suspected north korean hackers who laundered the stolen funds through tornado cash, according to blockchain investigator zachxbt. On august 7, 2025, the us department of justice convicted tornado cash co founder roman storm for running an unlicensed money transmission business. the case, seen as a crackdown on crypto mixing infrastructure, directly affects hacker groups’ laundering networks. The use of tornado cash, a privacy focused mixer, highlights ongoing challenges in tracking illicit crypto transactions. despite regulatory efforts, such mixers continue to be utilized for laundering stolen funds, complicating enforcement actions.
North Korean Hackers Return To Tornado Cash Despite Sanctions R The use of tornado cash in the laundering process has drawn renewed scrutiny. the mixer was sanctioned by the u.s. treasury in 2022 due to its role in processing illicit funds, including those linked to north korea. Sbi crypto, a japan headquartered bitcoin mining pool under sbi group, lost $21 million to suspected north korean hackers who laundered the stolen funds through tornado cash, according to blockchain investigator zachxbt. On august 7, 2025, the us department of justice convicted tornado cash co founder roman storm for running an unlicensed money transmission business. the case, seen as a crackdown on crypto mixing infrastructure, directly affects hacker groups’ laundering networks. The use of tornado cash, a privacy focused mixer, highlights ongoing challenges in tracking illicit crypto transactions. despite regulatory efforts, such mixers continue to be utilized for laundering stolen funds, complicating enforcement actions.
North Korean Hackers Have Abandoned Tornado Cash For Bitcoin Mixers On august 7, 2025, the us department of justice convicted tornado cash co founder roman storm for running an unlicensed money transmission business. the case, seen as a crackdown on crypto mixing infrastructure, directly affects hacker groups’ laundering networks. The use of tornado cash, a privacy focused mixer, highlights ongoing challenges in tracking illicit crypto transactions. despite regulatory efforts, such mixers continue to be utilized for laundering stolen funds, complicating enforcement actions.
North Korean Hackers Steal 21m From Sbi Crypto Laundered Via Tornado Cash
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