Balancer Hacker Employs Tornado Cash for $100M ETH Laundering

A recent security breach involving the decentralized finance platform, Balancer, has highlighted a worrying trend: the use of the controversial mixing service, Tornado Cash, by cybercriminals. The hacker responsible for the $100 million exploit in early July has now begun using Tornado Cash to launder stolen funds. This development raises serious concerns about fund recovery efforts and the ongoing security challenges within DeFi.