Richard Heart's new protocol ProveX raised over $410 million, of which approximately $400 million in ETH is suspected of being laundered through Tornado Cash.

According to Arkham analyst Emmett Gallic, Richard Heart, founder of HEX and PulseChain, launched a new round of "Sacrifice" for his new protocol ProveX, raising over $410 million. However, approximately $400 million (about 120,000 ETH) is alleged to have come from funds laundered by him through Tornado Cash, involving more than 950 addresses. Gallic claims that this ETH originated from previous PulseChain addresses, first entering Tornado Cash, and then flowing into ProveX Sacrifice through more than 960 wallets; due to the decline in ETH prices, this portion of ETH has suffered a paper loss of approximately $280 million since its initial deposit into Tornado Cash.