Pando Rings Hacker Moves $9M in ETH via Tornado Cash After 4-Year Dormancy
The Pando Rings attacker has reactivated funds, using Tornado Cash to obscure the movement of 4,000 ETH.
The Pando Rings attacker has reactivated funds, using Tornado Cash to obscure the movement of 4,000 ETH. Ethereum (ETH) is trading at ₹2,17,639 ($2,294.94), up 1.7% since this brief published. This is an original Token Times brief synthesising 2 outlets (AMBCrypto, Crypto.news), plus live market data, as of Wed, 04 Nov 2026 06:00:01 UTC.
This development highlights the ongoing challenge of tracking illicit crypto transactions, as the use of privacy tools like Tornado Cash complicates investigations and asset recovery efforts.
- 4,000 ETH ($9M) moved by Pando Rings hacker after 4 years of inactivity.
- Funds routed through Tornado Cash to enhance transaction privacy.
- Ethereum market down 1.58% in 24 hours amid broader crypto decline.
AMBCrypto reports that the Pando Rings hacker has moved 4,000 ETH ($9M) through Tornado Cash after a four-year period of inactivity. This information is presented as a single-source report, with no conflicting or corroborating coverage available. The transaction's timing coincides with Ethereum's recent price decline and the overall 'Fear' sentiment in the crypto market.
- Drift Hack Exploiter Moves $109M in ETH Through Tornado Cash
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- Pando Rings Hacker Acquires 7,548 ETH Amid Market Downturn
- Pando Rings Hacker Moves $9M in ETH via Tornado Cash After 4-Year Dormancy — this brief
- Binance Hacker Moves $798K in SOL Through Privacy Cash
The Pando Rings attacker, responsible for a significant crypto heist, has reemerged after four years, moving 4,000 ETH ($9 million) through Tornado Cash. This action suggests a deliberate attempt to obscure the transaction trail and hinder tracking efforts by investigators.
Tornado Cash, a privacy-focused protocol, allows users to mix their transactions with others, making it difficult to trace the movement of funds. The hacker's use of this tool underscores the persistent challenge of combating crypto-related crime.
The transaction comes at a time when 
Ethereum's price is experiencing a downturn, with a 1.58% decrease in the past 24 hours and a 2.94% drop over the last week. The broader crypto market is also facing a decline, with 
Bitcoin down 2.01% in the same period.
The total value locked (TVL) in Tornado Cash stands at $784.16 million, marking a 1.5% decrease over the past week, according to DeFiLlama. Meanwhile, the circulating supply of CASH, the protocol's native token, is $129.29 million.
The renewed activity of the Pando Rings hacker raises concerns about the potential for similar incidents and the difficulties in preventing the laundering of stolen crypto assets. As the market remains in a state of uncertainty, further developments in this case will be closely watched.
Since this brief published about 27 hours ago, Ethereum (ETH) has moved from ₹2,13,930.90$2,255.84 to ₹2,17,638.92$2,294.94 — +1.73%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹239,247.5 (about $2,294.94), up 2.2% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Pando Rings Hacker Moves $9M in ETH via Tornado Cash After 4 — questions & answers
What is Tornado Cash?
Tornado Cash is a privacy-focused protocol that allows users to mix their transactions with others, enhancing transaction privacy.
How much ETH was moved by the hacker?
The hacker moved 4,000 ETH, which is approximately $9 million.
Why is this development significant?
This development is significant because it highlights the challenges in tracking and preventing the laundering of stolen crypto assets.
How much is 1 Ethereum worth in rupee today?
About ₹239,247.5 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,294.94. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 1.73% since this brief first published — trading at ₹2,17,639 ($2,294.94) now versus ₹2,13,931 ($2,255.84) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from AMBCrypto, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.