📣📣 Hey, BTC lovers! Here's a spicy update for you! 🌶️🌶️

The CoinStats exploiter, who's been under the microscope recently, has just moved a whopping $1 million in Ether into the notorious crypto mixing protocol, Tornado Cash. 😲 This comes hot on the heels of the leading crypto tracker announcing that investigations are in full swing. 🕵️‍♂️

So, what's the scoop? Blockchain security firm, CertiK, has flagged that two wallets linked to the CoinStats exploit in June transferred 311 ETH (that's around $959,000, folks!) to Tornado Cash. One wallet moved 211 ETH, while the other transferred 100 ETH to the crypto mixer. 🔄

Remember that security breach on June 22nd that affected CoinStats' iOS users? The company quickly suspended its app to contain the breach and confirmed that it was managed, impacting just 1.3% of their total wallets. They also reassured users that connected wallets and centralized exchanges remained secure. 🛡️

Fast forward to July 5th, the company said that the incident is still under investigation but didn't spill any beans on whether law enforcement authorities have been looped in. 🚔

Now, let's talk about Tornado Cash. Despite facing legal challenges and significant crackdowns, it continues to be widely used for laundering stolen funds. In August 2022, the US Department of the Treasury blacklisted the service, prohibiting its use by US citizens, residents, and companies. The project’s web domain and GitHub accounts were shut down. 🚫

Later that month, Tornado Cash developer Alexey Pertsev was arrested in Amsterdam on suspicion of involvement in concealing criminal financial flows and facilitating money laundering through the Ethereum mixing service. He was sentenced to 5 years and 4 months in prison last May. 🚨

Stay tuned for more updates, BTC enthusiasts! 🚀🚀