What to Know:
- Hacker behind Radiant Capital’s $53M exploit moved 2,834 ETH (~$10.8M) into Tornado Cash.
- The attacker still holds over $94M in ETH and DAI after months of fund shuffling.
- RDNT price slides further as recovery hopes fade and market sentiment weakens.
Radiant Capital hackers who stole $53 million are back and they’ve moved millions of dollars’ worth of stolen crypto into the privacy platform Tornado Cash. Blockchain security company CertiK says that the exploiter recently sent 2,834.6 ETH worth about $10.8 million through Tornado Cash, which made it hard to trace the stolen money.
From the Hack to the Trail
Radiant Capital lost about $53 million on October 16, 2024, when an attacker got into three of the eleven signers on its multi-signature wallet. The hacker was able to change the lending pool’s smart contract implementation, which let them take money out of the protocol.
Later, investigators discovered that a malware program called INLETDRIFT, which is designed to get into macOS systems, helped the breach. Mandiant, a cybersecurity company, said that the AppleJeus group was behind the attack. This group is thought to have links to North Korea.
The hacker turned the stolen items into 21,957 ETH, which was worth about $53 million at the time. They didn’t cash out right away; instead, they held on to the money as ETH’s price went up, almost doubling its value to over $94 million.
How the Exploiter Moved the Funds
On-chain data shows that the attacker’s main wallet, which starts with 0x4afb, got 2,213.8 ETH from Arbitrum and the rest from previous trades with DAI stablecoins.
After that, the hacker started moving the money to different wallets to make it harder to find. One big route sent 2,236 ETH to wallet 0x3fe4, which then went through three more wallets. Around 3,091 ETH were traded for 13.26 million DAI in August 2025, and then they were traded back into ETH.
This month, the exploiter sent 2,834 ETH, or about $10.8 million, to Tornado Cash, a crypto mixer that hides the link between sending and receiving addresses. When money goes through Tornado Cash, it becomes almost impossible to find. Before this deposit, the hacker had about 14,436 ETH and 35.29 million DAI in their wallet, which was worth more than $94.6 million.
Radiant’s Response
Radiant Capital has been working with the FBI, Chainalysis, and a number of blockchain security teams, such as SEAL911 and ZeroShadow, to track down and recover the money since the hack. Even with all of these efforts, the chances of getting the stolen goods back are very low, especially since Tornado Cash is involved. Radiant has been attacked before. In early 2024, the protocol was hit by a smaller $4.5 million flash loan exploit, which made people worried about the security of its smart contracts.
People in the crypto world have been arguing about Tornado Cash for a long time. It has privacy features for regular users, but hackers have also used it to hide money they stole. The U.S. Treasury banned Tornado Cash in 2022 because it helped North Korean cyber groups launder money.
Price Action
Radiant Capital (RDNT) is currently trading at about $0.0172, down 1.24% in the last 24 hours and down 18.03% in the last 7 days. This shows that buyers aren’t very interested after the price couldn’t stay above $0.018 earlier this week. The price movement over the last few sessions has made a descending channel pattern with lower highs and lower lows, which means that the short-term downtrend will continue. The volume of trades is still low, which suggests that the market is still processing the news of new hacker activity and a general weakness in the market.
The Bigger Picture
The Radiant hack is still one of the worst DeFi hacks of recent years. It shows that even well-known protocols can be weak if important wallets or governance systems are hacked.
Radiant Capital has not yet made a new public statement, but people who watch the blockchain are still keeping an eye on the hacker’s wallets. This event is another reminder that DeFi has both risks and rewards, especially when a lot of user money is on the line.
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