Mixin Hack-Linked Wallet Moves $3.85 Million in ETH Through Tornado Cash

Overview

• The hacker-tagged address sent 2,210 ETH worth about $3.85 million on February 12, 2026, according to Arkham Intelligence.
• The ETH was routed to a new wallet and then split into 20 transactions that were funneled through Tornado Cash.
• The transfer marks the first notable movement from the address since the September 2023 cross-chain exploit that drained roughly $200 million.
• Using a mixer complicates tracing and potential recovery of the stolen assets, reinforcing regulatory concerns over privacy tools.
• Following the hack, Mixin issued Mixin Debt Tokens and says it will fully repay MDTu—about $23 million—by September 23, 2026, while continuing operations with more than $1 billion in assets and over 1 million customers.