Suspected hacker from $90M Ledger reseller breach moves $1.07M ETH through Tornado Cash and converts stolen stablecoins to USDD, with funds reaching Binance.

Security & Exploits · 2026-10-09

The suspected hacker behind a reported $90M Ledger reseller breach has moved 430.2 ETH ($1.07M) through Tornado Cash across 4 wallets and converted stolen USDT into USDD via SUN.io and USDD's PSM, with portions reaching a Binance hot wallet. Arkham-tracked wallets linked to the incident currently hold $70.60M in mixed assets including 11.406K ETH, 213.371 BTC, 13.646M USDD, and 10.909M USDT.

Previously on Telem

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