According to security firm PeckShield, wallets associated with the hackers involved in the $11.6 million exploit of Prisma Finance have been observed transferring a total of 1840 ETH (equivalent to $6.5 million) to the crypto mixer Tornado Cash through several transactions.

PeckShield further detailed that one batch of $2.7 million worth of ether was routed to Tornado Cash, followed by another batch of $3.8 million.

Tornado Cash, known for its function as a crypto mixer, serves to obscure the origins of cryptocurrency tokens, a tactic commonly employed by illicit cyber actors, including those associated with activities originating from North Korea.

The attack on Prisma Finance occurred recently, resulting in the theft of assets held within the protocol, including mkUSD and wrapped stETH.

In response to the incident, Prisma Finance acknowledged the exploit and announced the temporary pause of Prisma Protocol operations to protect remaining funds. The platform assured users that its mkUSD stablecoin remained overcollateralized and unaffected by the breach.

Additionally, Prisma Finance stated its intention to release a post-mortem analysis of the exploit and pledged efforts to recover the stolen funds.

The first quarter of 2024 witnessed significant losses in the crypto industry, totaling $336 million due to various hacks and scams, as reported by Immunefi.