Hacker who hacked TempleDAO laundered all the money through a cryptocurrency service

Security experts report that the hacker who hacked the TempleDAO DeFi platform laundered the stolen assets through the Tornado Cash cryptocurrency mixer.

Peckshield analysts say that the first deposit from the hacker sent to the mixer was only 0.1 Ether. The transfer of the stolen ETH took place five days after a cyberattack on TempleDAO, during which the platform’s wallet was hacked, where 1,830 ethers worth $ 2.3 million were placed.

The TempleDAO team claims that their CORE vault, where more than $ 100 million worth of stablecoins were placed, was not affected. The developers stated that the exploit was eliminated and «the hacker will not be able to attack the platform in the future.» However, the hacker was able to launder the stolen funds thanks to TC.

Tornado Cash is a cryptocurrency mixing service that allows users to hide transaction details. In August, the mixer and 44 related ETH wallets and USDCs were sanctioned by the US Treasury Department.

The regulator blocked the money, citing the mixer’s connection to the high-profile hacks of the Ronin and Harmony platforms. In particular, the Treasury Department stated that these hacks benefited the North Korean Lazarus Group.