Radiant Capital Hack: $10.8M ETH Flows into Tornado Cash

Published: 2025-10-23 06:58:44 |

Radiant Capital hack that stole $53 M in October 2024 by North Korea–linked AppleJeus has escalated. Initial funds moved via Stargate, Synapse and Drift bridges. Swaps between ETH and 13.26 M DAI raised the haul to nearly $94 M. Recently, 2,834 ETH (≈$10.8 M) was laundered via Tornado Cash, deepening Ethereum laundering. Radiant Capital hack tracing efforts involve the FBI, Chainalysis, SEAL911 and ZeroShadow. Continued Tornado Cash use sharply lowers recovery odds. This incident highlights persistent DeFi security risks and privacy mixer concerns. Traders should watch Radiant Capital’s token for volatility and reassess exposure to mixers and unaudited DeFi platforms.

Bearish

The Radiant Capital hack and subsequent ETH laundering via Tornado Cash undermine confidence in Ethereum and DeFi platforms. In the short term, this news may trigger sell-offs as traders reassess risk exposure, causing downward pressure on ETH prices. Over the long term, heightened regulatory scrutiny and calls for stronger security could restrain speculative inflows. Overall, the persistent security vulnerabilities and on-chain obfuscation signal a bearish outlook for ETH.