The attacker moved 1,000 Ether, nearly $1.65m, through sanctioned crypto mixer Tornado Cash
The hacker responsible for the $196m attack on Euler Finance has started moving funds into crypto mixer Tornado Cash, only hours after a $1m reward was launched to expose the attacker’s identity.
According to a tweet by Blockchain analytics firm PeckShield on March 16, the exploiter behind the flash loan attack on the Ethereum noncustodial lending protocol was ‘on the move.’
The attacker moved 1,000 Ether, nearly $1.65m, through sanctioned crypto mixer Tornado Cash.
It comes only hours after Euler Labs’ tweet that it was launching a $1m bounty for information leading ‘to the Euler protocol attacker’s arrest and the return of all funds.’
Just a day earlier, Euler sent an on-chain message to the exploiter’s address, cautioning it would launch a reward ‘that leads to your arrest and the return of all funds’ if 90 per cent was not returned within 24 hours.
The movement of the funds to the crypto mixer could suggest that the hacker is not being influenced by Euler’s amnesty offer.
Peckshield noted that nearly 100 ETH, worth $165,202, was sent to a wallet address that is probably owned by one of the victims. An on-chain message sent by the wallet address had earlier requested the hacker for the return of their ‘life savings.’
This resulted in a number of other victims sending messages to the address in expectation of also getting their funds returned.
One message stated they are 26 families from jobless rural areas, who lost a million USDT in total, adding their share of funds in the protocol was the ‘life-savings from our past decades of work in factories.’
Another apparent victim messaged the attacker congratulating them on the ‘big win’ and said they invested funds into Euler they ‘desperately needed’ for a house.
