Ethereum Whale Hack: Multisignature Wallet Breach Drains $27.3M, $12.6M Laundered Through Tornado Cash
According to PeckShield, a high-value actor’s multi-signature wallet was breached following a private-key leak, resulting in an estimated loss of $27.3 million. The outflow is under review, with about $12.6 million laundered through Tornado Cash (roughly 4100 ETH) and the attacker holding roughly $2 million in liquid assets.
Authorities say the compromised wallet controlled a leveraged long position on the Aave protocol: roughly $25 million in ETH was placed as collateral, and about 12.3 million DAI was borrowed.
Security teams emphasize strengthening key management and ongoing DeFi monitoring to mitigate similar risks, as this incident highlights the vulnerability of whale‑level exposure within cross‑chain wallets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A toxic trend that suggests the IPO window is slamming shut for most crypto companies ignored Circle
Largest Stock Exchange in Latin America Bets on Digital Assets
