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TempleDAO Hacker Sent Assets to Tornado Cash

Posted on December 4, 2022December 12, 2022 By mof2018

The unknown person who hacked the TempleDAO DeFi project transferred the stolen funds to the Tornado Cash Ethereum mixer.

On October 11, an attacker took advantage of an error in the TempleDAO smart contract and stole 1831 ETH (~$2.3 million) in one of the staking vaults.

The protocol team promised to return the funds to the affected users.

The hacker initially sent a 0.1 ETH transaction to the mixing service, and then made several transfers to 100 ETH.

On August 8, 2022, OFAC added the Tornado Cash website to the sanctions list.

39 Ethereum and 6 USDC addresses were placed under restrictions on suspicion of laundering more than $7 billion.

On August 12, the Dutch authorities arrested the developer of the service Alexey Pertsev. The court kept him in custody at least until the end of October.

CEO of the Kraken cryptocurrency exchange Jess Powell called the sanctions against Tornado Cash unconstitutional, and TRM Labs analysts called it a challenge to compliance.

The organization for the promotion and protection of the interests of the crypto industry Coin Center filed a lawsuit against OFAC for the measures imposed against the mixer.

Recall that in early October, a hacker of the Transit Swap decentralized exchange used the mixing service.

The current month has become a record for the volume of cryptocurrencies stolen by hackers in 2022, according to Chainalysis. Since October 1, DeFi protocols have lost $718 million as a result of 11 attacks.

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