North Korean Hackers reportedly used CoinJoin transactions on March 11th to purchase 43.76 billion PEPE coins, worth $3.1 million.

On March 16th, as per the post by on-chain sleuth ZachXBT on his personal channel, a highly reliable investigation into the asset theft of Tornado Cash shows that on March 11, 2025. After using Tornado Cash to complete a coin mixing transaction, a North Korean hacker used a portion of the ETH funds to purchase 437.6 billion PEPE tokens, which amounted to $3.1 million. A more detailed analysis indicates that the North Korean hacker became a victim of an exploit in the Tornado Cash user interface. In previous news, according to LookOnChain monitoring, 3 wallets made large purchases of 689.79 billion PEPE tokens (with a total value of approximately $4.3 million), and all the funds originated from Tornado Cash.