The Ethereum address associated with the DAOMaker protocol exploit laundered about 500,000 in the DAI stablecoin. This was independently reported by experts from 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
— CertiKAlert (@CertiKAlert) September 8, 2022
“PeckShield has determined that an address labeled as a DAOMaker hacker 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 illegally withdrew more than $7 million in USDC stablecoin.
A year later, the mixing service Tornado Cash was placed on the U.S. Treasury’s sanctions list. The agency suspected the platform of laundering about $7 billion since 2017. Over $455 million of them were associated with North Korean hackers.
Recall that Chainalysis said that they helped recover a cryptocurrency worth more than $30 million from a $625 million Ronin sidechain stolen during the March hack. Hackers actively used the popular Ethereum mixer.
₿liteZero researcher from SlowMist also confirmed that the attackers used Tornado Cash to launder funds stolen from the network of the Axie Infinity game.
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Source: Cryptocurrency
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