Kronos Research hacker shifts funds to Tornado Cash

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Kronos Research hacker shifts funds to Tornado Cash
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Although the crypto community is divided over the use of privacy tools, they unanimously oppose government persecution of developers and creators who merely created an application.

Kronos Research was exploited for $25 million in November last year, and one of the six wallets linked to the hacker started moving funds to Tornado Cash on May 7.The hacker made 10 transactions of 100 ETH from the final wallet and transferred it to Tornado Cash, a crypto-mixing tool.Tornado Cash is an open-source cryptocurrency tumbler that operates on networks compatible with the Ethereum Virtual Machine.

The significant usage of Tornado Cash for transferring illicit funds prompted the United States government to impose sanctions on its use in August 2022. Subsequently, its founders wereWhile opinions within the crypto community vary regarding the adoption of privacy tools, there is a consensus against governmental persecution of developers and creators solely for creating an application.

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