Summary: The hacker of Solana-based decentralized exchange Raydium has transferred $2.7 million in Ethereum to now-sanctioned cryptocurrency mixer Tornado Crash, according to reports by CoinDesk. Raydium suffered an exploit in December, when an attacker took over authority of the company. The U.S. Treasury Department put Raydium on its sanctions list after it was alleged that North ...

The hacker of Solana-based decentralized exchange Raydium has transferred $2.7 million in Ethereum to now-sanctioned cryptocurrency mixer Tornado Crash, according to reports by CoinDesk.

Raydium suffered an exploit in December, when an attacker took over authority of the company.

The U.S. Treasury Department put Raydium on its sanctions list after it was alleged that North Korea was planning to use the crypto mixer for its weapons of mass destruction program.

Author: Tris Bell