According to a Chainalysis report, Tornado Cash saw a 108% surge in inflows in 2024, driven by a three-year high in stolen funds that accounted for over 24% of total inflows, underscoring its role in anonymizing transactions
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Inflows rebounded by 108% in 2024. This was driven by a three-year high in stolen funds, which made up 24.4% of total inflows
Users pushing stolen funds accounted for an increase in Tornado Cash's usage in 2024, amounting to more than 24% of its total inflows, according to Chainalysis
In 2024, inflows (to Tornado Cash) surged by 108% compared to the previous year, continuing the rebound trend we first identified in last year’s Crypto Crime Report
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