Following the security breach experienced by the CoinStats application in June, approximately 1 million dollars of Ether was transferred to Tornado Cash from the wallets associated with this breach. 😲💸 This comes just a week after CoinStats announced that the investigation process is ongoing.

CoinStats reported on June 22 that it experienced a security breach and iOS users received a notification offering a misleading reward. The company quickly suspended its app to contain the breach and confirmed that the attack only affected 1.3% of its total wallets, 1,590 wallets in total. CoinStats also assured users that connected wallets and centralized exchanges (CEXs) remain safe.

Tornado Cash continues to be widely used to launder stolen funds, despite legal challenges and significant pressure. 🌪️💰 What do you think about this situation? We are waiting your comments! 👇