Kyberswap Exploiter Moves 2,900 ETH to Tornado Cash Two Years After $65M Heist
Key Takeaways: Wednesday’s transfer of 2,900 ETH to Tornado Cash represents the largest single confirmed laundering move since then. The full scope of what Medjedovic has converted or moved since the exploits remains unclear from onchain data alone. Beyond the hacks, federal prosecutors have also charged Medjedovic with attempted extortion because, after the Kyberswap exploit, he allegedly demanded compensation from the protocol in exchange for returning a portion of stolen assets. Lastly, Tornado Cash was sanctioned by the U.S. Treasury in 2022, meaning its use by someone already facing federal money laundering charges compounds Medjedovic’s legal exposure, assuming he is ever arrested. His whereabouts remain unknown, with no arrest having been made to date.About Author
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