CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure.
Wallets linked to the CoinStats exploiter were seen moving almost $1 million in Ether into the cryptocurrency mixing protocol Tornado Cash.
Blockchain security firm CertiK flagged that two wallets linked to the CoinStats exploit in June have transferred 311 ETH, worth about $959,000, to Tornado Cash. One wallet moved 211 Ether (ETH), while the other sent 100 ETH to the crypto mixer.
Crypto mixers keep transactions private by combining potentially identifiable funds with many other funds. This anonymizes fund transfers between services and is often used by hackers to launder their ill-gotten gains.
