Which major crypto heists were linked to Tornado Cash?

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Major Crypto Heists Linked to Tornado Cash

Tornado Cash has been identified as a channel for laundering funds from several significant cryptocurrency heists. These include at least US$96 million stolen from Harmony Bridge, US$7.8 million from Nomad, and a substantial US$455 million from the Axie Infinity game via the Ronin Network. The latter, a heist exceeding US$600 million in total value, was attributed to North Korean state-backed hacking groups.
Funds Laundered from Harmony Bridge and Nomad

Tornado Cash was utilized to transfer a minimum of US$96 million in funds that were illicitly obtained in June from the crypto exchange service Harmony Bridge. Furthermore, the platform processed approximately US$7.8 million of the nearly US$200 million in cryptocurrency that was hacked from Nomad, another service operating in a similar space.
Facilitating the Axie Infinity Heist

A significant portion of the cryptocurrency stolen from the Axie Infinity game, amounting to over US$600 million in ethereum, was laundered through Tornado Cash. The Treasury has identified US$455 million of these stolen funds as having been moved via the service. This particular theft, which occurred in April, represents the largest known crypto heist to date according to the US Federal Bureau of Investigation.
Association with North Korean Hacking Groups

The massive theft from Axie Infinity, which saw over US$600 million in ethereum disappear, was executed by North Korean state-backed hacking units. These entities are identified by authorities as the Lazarus Group and APT38. The involvement of these groups underscores the platform's role in facilitating illicit financial flows linked to state-sponsored cybercrime.

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Which major crypto heists were linked to Tornado Cash?

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