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The Ethereum address associated with the DAOMaker protocol exploit laundered about 500,000 in the DAI stablecoin. This was independently reported by experts PeckShield and CertiK.
We are seeing a movement of 500,000 $DAI to @TornadoCash from EOA 0x0B789.
The address is directly connected to the DAOMaker exploiter who stole funds from @TheDaoMaker.
Stay safe out there! pic.twitter.com/S22RFcA3N2
— CertiK Alert (@CertiKAlert) September 8, 2022
“PeckShield determined that the address, labeled as a DAOMaker attacker, transferred 500,000 DAI to Tornado Cash,” the company wrote.
#PeckShieldAlert #Phishing PeckShield has detected the address labeled as DAOMaker Exploiter has transferred 500k $DAI to TornadoCash pic.twitter.com/6VXfkoaCWO
— PeckShieldAlert (@PeckShieldAlert) September 9, 2022
In August 2021, an unknown person attacked the DAOMaker platform and withheld more than $ 7 million in the USDC stablecoin.
A year later, the mixing service Tornado Cash was included in the sanctions list of the US Treasury. The agency suspected the platform of laundering about $ 7 billion since 2017, over $ 455 million of which were associated with North Korean hackers.
Recall, Chainalysis said that they helped to return the cryptocurrency worth over $ 30 million, from the stolen during the March hacking of the Ronin sidechain for $ 625 million.
Investigator ₿liteZero from SlowMist also confirmed that the attackers resorted to Tornado Cash to launder funds stolen online by Axie Infinity.
What is Tornado Cash and how does it work?
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