973K MORPHO Tokens Stolen, Institution Loses Approximately $2.3 Million, Funds Deposited into Tornado Cash

Odaily reports that according to ZachXBT monitoring, an institution had a total of 973,000 MORPHO tokens stolen from two addresses hours ago, valued at approximately $2.3 million, with the related funds having been deposited into Tornado Cash. Both victim addresses were involved in EIP-7702 account delegation transactions. According to his tracking, one of the addresses' affiliated entity had also been hacked for approximately $3.5 million on October 9 previously. These assets originated from claims on an old cross-chain bridge, then bridged from Ethereum to Zcash via NEAR Intents, and entered the Ironwood privacy pool. ZachXBT also noted that the victim address has an on-chain association with an address suspected to belong to Nima Capital.