The hacker behind the infamous $51.5 million Radiant hack of 2024 has continued moving funds, transferring another batch of the 5933.3 ETH (approximately $26.7 million) to Tornado Cash from three different addresses.
According to CertiK Alert, a crypto security firm, the hacker bridged stolen funds to Ethereum and sent funds to the crypto mixer platform Tornado Cash. In its latest X post, CertiK advised users to stay vigilant while recognising the high-profile hack.
“On Oct 16th, 2024, the exploiter gained access to their multi-sig wallet by compromising 3 of 11 signers and drained ~$55M from the lending pools,” CertiK noted.
The Radiant Hack
In October 2024, Radiant Capital was hacked and $51.5 million was stolen from user wallets on Arbitrum and BNB Chain. The breach involved malicious contracts that tricked users into granting permissions to a rogue address, which then drained funds via the transferFrom function. The stolen assets included wrapped BNB, ETH, USDC, and USDT, with around $32 million from Arbitrum and $18 million from BNB Chain in one wallet.
Last month also, the hacker made headlines by turning the stolen assets of $53 million into a whopping $102.54 million by trading ETH and apparently making a profit of $49.5 million.
Also Read: Gemini Sets $425 Million Cap After IPO Oversubscribed 20 Times
