According to BlockBeats, on September 4, Penpie experienced a security breach resulting in the theft of assets valued at $2.7 million. The stolen assets primarily consisted of LRT assets, including wstETH, agETH, and rswETH. The majority of these assets were converted by the hacker into 11,109 ETH, approximately worth $26.95 million. Of this amount, 1,000 ETH, valued at around $2.42 million, was laundered through Tornado Cash an hour before the report.

The hacker's address, used to steal the assets, initially received funds from Tornado Cash.