The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry.
A Nomad Bridge exploiter-labeled address has transferred 14,500 Ether, worth approximately $35.2 million, to Tornado Cash, a popular cryptocurrency mixing service.
According to an X post by PeckshiedAlert, funds linked to the August 2022 Nomad Bridge hack were transferred on Aug. 8.
However, the transfer of 14,500 Ether (ETH) follows another transaction on Aug. 5, when 16,892 ETH was bought using stolen funds linked to Nomad Bridge.