Infini Hacker Launders 3,000 ETH via Tornado Cash Following $49.5M Platform Attack

On July 17, Paidun monitoring revealed that the Infini hacker executed a significant laundering operation, converting 1,770 ETH into roughly 5.9 million DAI. Additionally, the attacker utilized the Ethereum address 0x7142…fa41 to obscure the origin of 3,000 ETH via the privacy protocol Tornado Cash. This incident traces back to a major security breach in February, when the Infini platform, a stablecoin-focused digital bank, suffered a cyberattack resulting in an estimated loss of US$49.5 million. The event underscores ongoing vulnerabilities within decentralized finance ecosystems and highlights the critical need for enhanced blockchain security measures.