A hacker responsible for compromising a multisignature wallet has reportedly laundered over $19 million in ETH through Tornado Cash since December, according to reports. The development follows an exploit affecting the wallet. The funds' movement through Tornado Cash suggests an attempt to obscure the trail of the stolen assets. The incident highlights ongoing security concerns surrounding multisignature wallets and the use of mixers like Tornado Cash in the cryptocurrency space.

A hacker responsible for compromising a multisignature wallet has reportedly laundered over $19 million in ETH through Tornado Cash since December, according to reports. The development follows an exploit affecting the wallet. The funds' movement through Tornado Cash suggests an attempt to obscure the trail of the stolen assets. The incident highlights ongoing security concerns surrounding multisignature wallets and the use of mixers like Tornado Cash in the cryptocurrency space.