After the Balancer hackers converted the stolen ETH LST tokens into ETH, they began laundering and transferring the money through Tornado.

PANewsNov 15, 2025
#DeFi ETH+1.40%MAG7.SSI+1.15%BAL+1.82%
On November 15th, according to on-chain analyst Yu Jin, after exchanging $ETH LST tokens and other non-ETH tokens for $ETH, the Balancer hackers began laundering and transferring $ETH through Tornado: in the past hour, they deposited 2,000 $ETH ($6.36 million) into Tornado.

Transferring stolen assets through Tornado essentially means the hackers have abandoned the option of returning the assets to Balancer and receiving the white-hat bounty.

[PANews]

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After the Balancer hackers converted the stolen ETH LST tokens into ETH, they began laundering and transferring the money through Tornado.

PANewsNov 15, 2025
#DeFi ETH+1.40%MAG7.SSI+1.15%BAL+1.82%
On November 15th, according to on-chain analyst Yu Jin, after exchanging ETH LST tokens and other non-ETH tokens for ETH, the Balancer hackers began laundering and transferring ETH through Tornado: in the past hour, they deposited 2,000 ETH ($6.36 million) into Tornado.

Transferring stolen assets through Tornado essentially means the hackers have abandoned the option of returning the assets to Balancer and receiving the white-hat bounty.

[PANews]

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