Subscribe to our Telegram channel

Despite the sanctions against the cryptocurrency mixer Tornado Cash, hackers continue to successfully use it

9:29 pm, September 10, 2022

Two blockchain security and research firms, Peckshield and Certik, have detected a transfer of stolen funds using the DAI Maker exploit that occurred in August 2021 and resulted in the loss of more than $ 7 million in ERC20 and other stablecoins.

According to Certik’s announcement, on September 8, 500,000 DAI tokens associated with the DAO Maker defi-project (facilitating crowdfunding in cryptocurrencies) were sent to the banned mixing service Tornado Cash. Thus, the hackers were able to launder the stolen funds.

It should be noted that the arrest of the software developer caused a flurry of criticism in the cryptocurrency community. However, the protests subsided after the developer was accused of having ties to the FSB. Nevertheless, some defenders of the service were not deterred and, with the support of the Coinbase cryptocurrency exchange, they filed a lawsuit against the government.

Subscribe to our Telegram channel

BTC

$76,245.15

1.58%

ETH

$2,866.11

7.67%

BNB

$598.10

2.00%

XRP

$0.55

3.79%

SOL

$195.86

4.51%

All courses
Subscribe to our
Telegram channel!
The latest news and reviews of the cryptocurrency markets of the last
day right in your messenger. We are waiting for you!
GO TO
Show more