Analyst traces $100M laundering trail through gas payments, leaving Zcash privacy intact

Researcher Tayvano linked roughly $100M in stolen funds from a Ledger supply-chain attack by following who paid the transaction fees Researcher Tayvano has traced roughly $100 million to $103 million in stolen crypto tied to a supply-chain attack on Ledger hardware wallets sold through CryptoBilis. She was careful to say how she did it: Zcash ’s privacy was not broken. The trail came from gas payments. The attacker covered transaction fees from an associated wallet, and that one habit tied the operation together. The scale of the theft is large.

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