TL;DR
- Renewed Hacker Activity: The anonymous exploiter behind Bitrue’s $22 million theft has ramped up operations by moving approximately $30 million in stolen crypto to launder illicit assets.
- Complex Transaction Trail: The hacker transferred over 5,111 ETH and 16 million DAI, with at least 1,000 ETH diverted into Tornado Cash.
- Heightened Security Concerns: These maneuvers intensify worries over centralized exchange vulnerabilities and may spark stricter regulatory scrutiny on crypto mixers like Tornado Cash.
The unknown exploiter behind Bitrue’s $22 million crypto theft is making new moves by shifting a significant amount of stolen funds into Tornado Cash. Recent activity has unsettled the crypto community as millions in digital assets are further laundered through a service known for obfuscating transaction trails.
#PeckShieldAlert @BitrueOfficial exploiter – labeled address has transferred ~$30M worth of cryptos, including 5,111.5 $ETH& 16M $DAI to a new address 0xAFCE…a6E7 pic.twitter.com/ZXChSNWQyQ
— PeckShieldAlert (@PeckShieldAlert) June 12, 2025
Rising Activity from the Exploiter
After lying low following the initial Bitrue breach, the hacker has reignited activity by moving approximately $30 million in stolen crypto. This renewed momentum demonstrates an attempt to clean illicitly acquired assets and complicate efforts to trace the funds. The exploiter’s latest transactions have confirmed that these funds are now being funneled into channels designed to hide their origin.
Significant Funds and Transaction Details
Blockchain security firms have observed that the exploiter transferred more than 5,111 ETH along with 16 million DAI to a new address. In a notable development, at least 1,000 ETH has been directly deposited into Tornado Cash. This mixing service, popular among those seeking to obscure crypto transactions, has once again proven to be a preferred tool for laundering funds following a major exchange hack.
Cryptocurrency Security and Regulatory Concerns
This latest movement of ill-gotten gains reignites concerns about the vulnerabilities present in centralized exchanges and the broader cryptocurrency ecosystem. Bitrue, which suspended withdrawals in 2023 after a similar breach drained a hot wallet, now faces renewed scrutiny over its security practices.
The use of Tornado Cash, a platform that has drawn regulatory ire for enabling money laundering, underscores the persistent challenges regulators and industry players face in tracking and securing funds in an increasingly decentralized environment.
Market and Community Reaction
The crypto community is buzzing with reactions, as market participants fear that these laundering tactics could further undermine trust in exchange security. Analysts warn that such movements may prompt tougher regulatory actions against mixing services and centralized platforms alike.
As authorities and blockchain forensic teams continue to monitor the exploiter’s transactions, the incident serves as a stark reminder of the ongoing risks and technological arms race defining today’s crypto security landscape.
