Laundered Ethereum Linked to Infini Hack Through Tornado Cash

3,000 ETH was laundered using Tornado Cash by the Infini hacker on July 17, 2025. The incident highlights vulnerabilities in digital financial platforms and the role of crypto-mixing services in obscuring illicit activities.

In a notable event on July 17, the Infini hacker employed Tornado Cash to launder 3,000 ETH following its earlier loss of 1,770 ETH converted to approximately 5.9 million DAI. The event revives concerns about cryptocurrency laundering using mixer services. Infini suffered a $49.5 million breach in February, and the repeated use of Tornado Cash reflects ongoing security challenges.

Immediate Implications

The immediate implication involves continued scrutiny surrounding Tornado Cash, emphasizing the potential for stricter regulations within cryptocurrency environments. U.S. prosecutors have underlined the protocol’s role in major laundering activities, with Roman Storm’s trial drawing attention to regulatory shortcomings in controlling such platforms.

Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks. Treasury will continue to aggressively pursue actions against mixers that launder virtual currency for criminals. – Brian E. Nelson, Under Secretary for Terrorism and Financial Intelligence, U.S. Treasury

Reactions are mixed, with noted absence of statements from Infini’s leadership, and ongoing legal proceedings against Tornado Cash’s developers in the U.S. highlight the mounting pressure on related entities to enforce more robust anti-laundering measures.

Ethereum Price Rises Amid Scrutiny on Mixers

Did you know? Tornado Cash has been a key player in laundering over $7 billion of illicit funds. A significant portion of which originated from major breaches like Harmony Bridge and Axie Infinity.

According to CoinMarketCap, Ethereum’s (ETH) recent performance shows a price of $3,460.55, with a market capitalization of 417.74 billion, marking a 9.15% increase in the past 24 hours. The circulation supply stands at 120.71 million, demonstrating strong market presence with a market dominance of 10.98%.

The Coincu Research Team highlights the need for enhanced security protocols and regulatory frameworks in the crypto domain. With increasing incidents of crypto laundering, experts emphasize the urgent necessity for industry-wide collaboration to fortify trust and stabilize markets globally.