MILLIONS WORTH OF STOLEN FUNDS FROM PHEMEX HACK ARE ON THE MOVE, SOME TO TORNADO CASH CRYPTO MIXER

Summary from the TLDR Crypto newsletter

Hackers behind the $85 million Phemex exploit are actively moving stolen funds through various crypto platforms, including the sanctioned mixer Tornado Cash, to obscure their tracks. Investigators suspect the attack was carried out by an experienced group, possibly linked to North Korea, as Phemex tightens its security measures.