The Mixin hacker has resurfaced after two years of dormancy, now making efforts to launder elements of the 59,000 Ethereum stolen from the exploit.
The Mixin community exploiter, who drained about $200 million value of Ethereum (ETH), Bitcoin (BTC), and different crypto belongings from the Hong Kong-based community, seems to have begun laundering the ETH belongings, not too long ago transferring 2,005 ETH tokens to Twister Money.
Curiously, the newest transaction originated from the unique exploiter deal with after two years of dormancy and has lowered its Ethereum stash to 57,802 tokens value $113.58 million at press time.
Key Factors
- The Mixin community hacker has resurfaced after two years of dormancy, with early efforts to launder the Ethereum tokens stolen from the exploit.
- Within the newest transaction, the unique exploiter deal with moved 2,005 ETH value practically $4 million to crypto mixer Twister Money.
- Following the transaction, the hacker now holds 57,802 ETH valued at $133.58 million and 891 BTC value practically $60 million.
- The Mixin community hack was a high-profile exploit that drained $200 million value of crypto belongings from the Hong Kong-based P2P community.
Particulars of the Current Transactions
The latest transactions have been listed by Lookonchain, a number one blockchain surveillance platform, right this moment. On-chain knowledge confirms that the asset actions started yesterday at 09:22 PM UTC, involving the switch of precisely 2,005 ETH value $3.996 million to an unidentified pockets, 0x9…87f.
Be aware that #MixinHacker, who beforehand stole $200M, seems to be promoting 59,854 $ETH($117M) after 2 years of inactivity!
15 hours in the past, he despatched 2,005 $ETH($3.85M) to #TornadoCash.
Quickly after, 3 new wallets obtained 2,087 $ETH ($4.03M) from #TornadoCash and bought it at $1,933.… pic.twitter.com/8ujC2Berfz
— Lookonchain (@lookonchain) February 13, 2026
Curiously, the pockets is comparatively new, with the two,005 ETH switch being its first transaction. Barely a minute after receiving the tokens, 0x9…87f began transferring the tokens to Twister Money in batches of 100 ETH transactions every. The deal with made 20 of those transfers to Twister Money, totaling 2,000 ETH. Presently, it has retained 5 ETH tokens.
In the meantime, Lookonchain discovered that, shortly after the transfers to Twister Money, three new wallets purportedly related to the Mixin hacker emerged and obtained a complete of two,087 ETH tokens from Twister Money throughout a number of transactions of about 99 ETH every. The wallets bought all of the tokens for $4 million in DAI.
At press time, the Mixin community hacker nonetheless holds 57,802 ETH tokens value $133.58 million. In the meantime, the Bitcoin deal with recorded no new actions throughout this time, remaining dormant since receiving 891 BTC through the September 2023 exploit.
The Mixin Hack
For the uninitiated, the Mixin Community hack ranks among the many largest crypto thefts of 2023. The breach focused the Hong Kong-based peer-to-peer digital asset platform. On Sept. 23, 2023, attackers infiltrated the database of Mixin’s cloud service supplier, compromising the community’s mainnet scorching wallets.
Mixin confirmed the incident two days later, stating that the assault led to losses initially estimated at about $200 million. The platform instantly suspended deposit and withdrawal companies whereas preserving peer-to-peer transfers energetic.
How the Hack Occurred
Notably, the attackers exploited a centralized cloud database that dealt with consumer accounts, session administration, and scorching pockets entry. Though Mixin used a customized kernel with a directed acyclic graph construction for cross-chain transfers, the reliance on centralized infrastructure created a single level of failure.
After breaching the database, the hackers gained entry to scorching pockets controls and executed 1000’s of transactions to extract the funds.
On Ethereum, the attackers drained 59,808 ETH via greater than 10,000 transactions throughout over 11,400 wallets. Additionally they transferred 891 BTC in three transactions from 127 wallets. As well as, they eliminated 23.57 million USDT and shortly swapped it for DAI on decentralized exchanges.
Whole tracked losses reached roughly $144.1 million, with different belongings bringing Mixin’s inside estimate nearer to $200 million. Investigators linked parts of the funds to wallets beforehand related to the Lazarus Group. Notably, the ETH and BTC belongings remained dormant till the latest 2,005 ETH switch.
DisClamier: This content material is informational and shouldn’t be thought-about monetary recommendation. The views expressed on this article might embody the creator’s private opinions and don’t mirror The Crypto Primary opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Primary shouldn’t be liable for any monetary losses.
