$15 Million Stolen From Eureka Trading Founder Moved To Tornado Cash

As previously updated, Kuan Sun, founder of Eureka Trading, a financial derivatives trading company in the crypto space, said on Twitter that he was stolen by hackers last June for leaking his private key.

Some preliminary IPs and other information were found, but the hacker’s identity remains unknown. He that people or units capable of providing valuable clues can assist in recovery and provide rewards. Hacker’s address: 0xa1ac23be458e14ac0a0003dc1343d2ac575ea3b6.

The reward for the person who provides the hacker identity is attractive with at least 20% of the number of funds. The specific percentage depends on the level of contribution, so at least 3 million USD for those who are qualified.

Following the owner’s massive bounty action, Web3 knowledge graph monitoring platform 0xScope tracked down and detected stolen $15 million worth of Kuan Sun assets being transferred via Tornado Cash to remove traces.

.@KuanSun1990 reported that he lost $15M last June cuz PK leak.

We identified that all funds are exchanged through #Uniswap #Curve #Sushi for:

1935 $ETH
120 $WBTC
6.3M $DAI

and laundered through @TornadoCash

Track it in @0xWatchers money-flow:https://t.co/El90yMKgIk https://t.co/bktfP8EMFK pic.twitter.com/L1J144jADg

— 0xScope (? . ?) (@ScopeProtocol) April 17, 2023

Tornado Cash always seems to be the first choice for removing traces of cryptocurrency attackers despite the regulations of the regulatory authorities.

As of last August, under sanctions – challenged in court – U.S. residents are no longer legally allowed to use Tornado Cash. Separately, one of the developers of the service, Alexey Pertsev, is being detained in the Netherlands on suspicion of being “involved in the concealment of criminal financial flows and the facilitation of laundering activities.

But one of the original architects of the Tornado Cash project, Ameen Soleimani, has announced that he will launch a successor to the sanctioned mixer, Privacy Pools, which he says will remain open to the public and allows users to conduct private, largely untraceable transactions while discouraging money laundering and illegal activities.

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