HEX Founder Moves 27,449 ETH to Tornado Cash: Privacy Concerns?

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author: CryptoNews

date: November 05, 2025

1 min. read

On-chain data provider Onchain Lens has reported a significant movement of Ethereum (ETH) by an address allegedly linked to Richard Heart, the founder of the cryptocurrency project HEX. A total of 27,449 ETH was transferred to a fresh address before being subsequently deposited into Tornado Cash, a decentralized cryptocurrency mixer. Tornado Cash is often used to obfuscate the origin and destination of cryptocurrency transactions, raising privacy and regulatory questions. The transfer has sparked debate within the cryptocurrency community regarding the potential motives behind concealing the transaction's trail, especially given Richard Heart's prominent role in the crypto space. This large transaction highlights the ongoing tensions between privacy and transparency within the decentralized finance (DeFi) ecosystem. The community awaits further information on the reasoning behind the movement of funds. ```