Euler Finance Exploiter Deposits $1.8 Million In Tornado Cash, Sends 100 ETH To Sufferer
- The Euler Finance attacker moved around 1,100 Ether from their handle to sanctioned Ethereum-primarily primarily based crypto mixer Tornado Cash, on-chain recordsdata aggregated by BlockSec confirmed.
- Euler lost $197 million in digital property after struggling a flash loan assault on Monday, Mar. 13.
- The DeFi lender supplied the attacker a $19.7 million trojan horse bounty if they returned 90% of the funds to customers.
- One sufferer purchased 100 ETH relieve from the exploiter after sending a message pleading for the property to be returned
The hacker who exploited decentralized finance (DeFi) lender Euler Finance sent 1,100 ETH from the stolen loot to U.S.-sanctioned crypto mixer Tornado Cash. The transactions had been made within the early hours of Thursday, three days after the initial exploit on Monday, Mar. 13.
Data aloof by on-chain security outfit BlockSec confirmed that Euler lost around $197 million in digital property on Monday after struggling a flash loan assault. The exploiter made off with an assortment of cryptocurrencies including staked Ether (stETH), USDC, wrapped Bitcoin (WBTC), and DAI stablecoin tokens.
Euler supplied 10% of the funds, value $19.7 million, as a trojan horse bounty on the terms that the exploiter returned 90% of the property to the DeFi lender and customers. It’s now now not positive if Thurday’s transfer to Tornado Cash means that the hacker plans to return the funds.
Indeed, it’s frequent for DeFi hackers and crypto criminals to deposit stolen digital property in crypto mixers cherish Tornado Cash. Substitute observers cherish Chainalysis own opined that hackers employ this system to shroud the origin of their funds and throw off law enforcement.
Euler Finance Sufferer Receives Stolens Funds And Then Some
In a regular flip of events, one Euler Finance sufferer recover their funds from the attacker after reaching out to the unidentified exploiter. On-chain recordsdata confirmed that a sufferer sent a message to the hacker, asserting their existence savings became held on Euler Finance.
While the sufferer claimed that they had 78 wrapped staked ether (wstETH) value $140,000 on the platform, the hacker shockingly returned $165,000 in ETH to the sufferer.
It’s now now not the first time a particular person has reached out to a crypto hacker in an are attempting and communicate. A neighborhood member sent advice to the FTX hacker on the formulation to launder their stolen funds and which crypto mixers had been more appropriate for the job.