1/ Throughout this year I have been monitoring someone who has withdrawn 11,200+ ETH ($25M) from Tornado Cash and spent the majority of it on Magic The Gathering (MTG) trading cards.
Here’s my analysis of where the funds went and what the potential source of funds could be.
1/ Throughout this year I have been monitoring someone who has withdrawn 11,200+ ETH ($25M) from Tornado Cash and spent the majority of it on Magic The Gathering (MTG) trading cards.
Here’s my analysis of where the funds went and what the potential source of funds could be.
Seeing some suspicious activity with the crypto exchange @bitforexcom.
On Feb 23 their hot wallets saw outflows of ~$56.5M. Shortly after this time withdrawals stopped processing with no official announcements having been made since.
Currently users are asking questions on X/Telegram trying to get a response from the team. Interestingly one month ago their CEO stepped down.
Bitforex holds 18% of the $TRB supply and 7% of the $OMI supply.
Wallets to monitor:
0xdcacd7eb6692b816b6957f8898c1c4b63d1fc01f
3DbbF7yxCR7ni94ANrRkfV12rJoxrmo1o2
TQcnqaU4NDTR86eA4FZneeKfJMiQi7i76o
1/ An investigation into how the influencer Crypto Rover ghosted a project he was paid to promote, mislead followers about his trading positions, and also his shills for pump and dump meme coins.