Hackers Used Tornado Cash to Launder $500K Associated with DAOMaker
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According to experts from PeckShield and CertiK, an Ethereum address associated with the DAOMaker protocol exploit has laundered about 500,000 in the stablecoin DAI.
The company has written:
“PeckShield has determined that an address labeled as a DAOMaker hacker transferred 500,000 DAI to Tornado Cash.”
An unknown person attacked the DAOMaker platform in August last year and illegally withdrew more than $7 million in USDC.
The US Treasury added a year later to its sanctions list the mixing service Tornado Cash. The agency suspected the platform of laundering about $7 billion since 2017.
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