Cryptocurrency hackers laundered $ 36 million of the stolen $ 100 million

According to security experts PeckShieldAlert on Twitter, hackers have laundered $ 36 million of the stolen funds since yesterday. They made three transactions from the address used in the attack on the Horizon Bridge on June 23. At the time of writing, the total amount of laundered funds is about 30,000 ETH ($ 36 million), with part of the amount still remaining on the hackers' cryptocurrency wallet.

PeckShieldAlert tweets as soon as it becomes aware of transactions with Harmony funds.

#PeckShieldAlert ~25k $ETH (~$ 30m) transferred from 0×36…5759 (Alameda to FTX) to FTX within the last 3 hours pic.twitter.com/taJCqt7HSO

— PeckShieldAlert (@PeckShieldAlert) June 27, 2022

The hackers started transferring the stolen funds to Tornado Cash yesterday. Obviously, the $ 1 million reward offered by Harmony for the return of $ 100 million was not enough.

Immediately after the hacker attack, representatives of the Harmony protocol announced that they had stopped the Horizon bridge to ensure the safety of users' funds. The startup’s developers said that they started working with the FBI and crypto security experts to recover the stolen funds. However, judging by the latest news, the question of whether they will be able to return at least some money remains open.