Having seized the DAO assets of Tornado Cash (TORN), the attacker has returned all control to the community. This painful process cost the DAO 1.5 million dollars.
Tornado Cash’s decentralized autonomous organization (DAO) attacker who took over gave management back to the community. As a result of this attack, which created the agenda in the past days, all TORN assets belonging to the DAO came under the control of the attacker.
Before the attacker returns control, 1.5 million dollars worth of assets and laundered the majority of these assets on Tornado Cash. to losses confused. It remains unclear why the attacker returned administrative privileges.
In fact, the attacker sent his first message that he could fix anything. 22 May shared with the community. But from this statement 2 days later by taking action and performing two different operations, 350 thousand dollars moved the asset to different addresses.
A build of the community’s administration under the network update trojan software injecting cyber attacker on DAO voting power had seriously taken over. Blockchain security firm that made a statement on the subject CertiK’s co-founder Ronghui Gunoted that such attacks are becoming increasingly common:
While such attacks are increasing, DAOs need to be more careful and the codes of the protocols need to be audited by third parties. However, we believe that the audit process is necessary for proposals. However, there is absolutely no such application in the industry at the moment.
According to CoinGecko data, in the last 24 hours 1.2% TORN, which has been on the rise, at the time of writing from $4.24 is being traded.