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$11.5M stolen from Verus-Ethereum bridge, attacker used Tornado Cash to launder funds

Market News
18 May 2026
Bitcoin
View Source
Bearish
pluang ai news

A coordinated exploit drained $11.5 million from the Verus-Ethereum bridge on May 18, with the attacker converting stolen wrapped bitcoin, ether, and stablecoins into about 5,402 ETH. Security firm Blockaid linked the attacker’s wallet to Tornado Cash, a mixer used to obscure fund origins, indicating a laundering attempt. This attack is part of a rising trend in cross-chain bridge hacks, with eight exploits totaling $328.6 million tracked in early May alone. The incident highlights growing vulnerabilities in blockchain bridge security and the increasing sophistication of crypto theft and laundering methods.

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