Ledger Theft-Linked Wallets Move $1.07 Million In Ether Through Tornado Cash

Wallets linked to the suspected Ledger-related theft moved 430.2 Ether (ETH), worth about $1.07 million, through Tornado Cash, while some related funds reached a Binance hot wallet.

The transfers passed through four wallets. After Tether froze part of the related funds, the suspected operators began converting Tether (USDT) into USDD through SUN.io and the USDD Peg Stability Module.

The marked wallets still held about $70.6 million in assets. That balance included 11,406 ETH worth roughly $28.35 million, 213.371 Bitcoin (BTC) worth about $17.65 million, 13.646 million USDD valued at approximately $13.65 million and 10.909 million USDT worth about $10.91 million.

The Ledger-linked funds remain in motion, with additional transfers possible as the wallets are monitored.