**News Flash: Nomad Bridge Exploiter Moves $35.2M in Ether to Tornado Cash**

A wallet linked to the notorious Nomad Bridge hack has just transferred 14,500 Ether, valued at around $35.2 million, to Tornado Cash, a popular crypto mixing service. This move follows a similar transaction on August 5, where 16,892 ETH was acquired using stolen funds.

**Background:**

- The Nomad Bridge hack in August 2022 resulted in significant financial losses.

- Tornado Cash is designed for privacy but is often exploited by cybercriminals for laundering stolen crypto.

**Regulatory Actions:**

- The U.S. Treasury blocklisted Tornado Cash in 2022.

- Developers face legal charges, including money laundering and sanctions violations.

As the crypto world grapples with these challenges, balancing privacy and security remains crucial.