Tornado Cash blocked Ronin hacker wallet to avert revenue laundering, hackers speedily observed a way to “surround the law”

After quite a few days of “silence”, the Tornado Cash mixer has last but not least taken an official place on the Ronin assault that brought about $ 622 million in injury, the most major in the historical past of the cryptocurrency marketplace.

On the afternoon of April 15, the most well known transaction mixer application on Ethereum, Tornado Cash, announced that it had positioned the handle of hacker Ronin’s wallet on a denial-of-support “blacklist” to avert this handle. to launder revenue.

Tornado says the venture nonetheless supports the freedom of its consumers, but does not accept it as a compromise to permit for criminal action and has consequently blacklisted the US-sanctioned handle.

Earlier, as reported by Coinlive, the United States Department of Justice on the morning of April 15 linked the handle of hacker Ronin’s wallet to the Lazarus Group, a hacker group believed to operate beneath the path of the North Korean government.

However, Tornado Cash only blocks Ronin’s unique wallet, not the wallets that interacted with this handle, so the hacker just requirements to transfer revenue to a new handle and use it to use the Tornado combine machine to additional launder revenue.

Just on the afternoon of April 15, the hacker efficiently laundered a further two,915 ETH, bringing the complete quantity misplaced to more than 39,000 ETH, well worth much more than $ 118.three million at the cost of ETH at the time of creating. The original wallet of hacker Ronin So far there are nonetheless 144,837 ETH, equivalent to $ 438.eight million. completed

Furthermore, it was also identified that the hacker was transferring almost $ eleven million to the Avalanche network.

Without stopping there, quite a few have wondered if this will set a precedent for Tornado Cash, building the venture accountable for listing wallets linked with long term DeFi attacks. This black guide.

This is not even the initial time an Ethereum-primarily based venture has censored consumer wallet addresses. In February 2022, quite a few significant names this kind of as the MetaMask wallet, the Infura infrastructure platform (the two owned by ConsenSys) and the NFT OpenSea marketplace blocked consumer wallets in nations embargoed by the United States, this kind of as Iran, Venezuela and two areas. Donetsk / Luhansk separated from Ukraine in favor of Russia.

In a connected growth, on the afternoon of April 15, Sky Mavis CEO Nguyen Thanh Trung spoke to the media for the initial time given that the Ronin assault occurred on March 31.

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