Cryptocurrency

Just hours after a $1 million bounty was posted to find the hacker responsible for the $196 million attack on Euler Finance, the hacker has begun shifting assets into crypto mixer Tornado Cash.PeckShield, a blockchain analytics startup, tweeted on March 16 that the perpetrator of the flash loan attack on the Ethereum noncustodial lending protocol was &#34;on the run.&#34; The exploiter sent 1,000 Ether $1,653, or $1.65 million, via the authorized crypto mixer Tornado Cash.That comes only hours after Euler Laboratories announced a $1 million reward for information leading to &#34;the arrest of the Euler protocol attacker and the restoration of all assets.&#34; On March 14, Euler wrote an on-chain message to the exploiter&#39;s address, threatening to start a bounty &#34;that leads to your incarceration and the return of all monies&#34; if 90% of the funds were not returned within 24 hours.The transfer of cash to the crypto mixer may imply that the hacker is unconvinced by Euler&#39;s amnesty offer. Peckshield observed that about 100 ETH, valued at $165,202 at the time of writing, was transmitted to a wallet address possibly owned by one of the victims. An earlier on-chain message posted by the wallet address asked for the attacker to refund their &#34;life savings.&#34;This prompted a spate of other victims to submit messages to the address in the hopes of receiving their monies back as well.According to one message, they &#34;are twenty-six families from jobless rural areas,&#34; who lost &#34;a million USDT in total,&#34; with their portion of monies in the protocol being the &#34;life-savings from our previous decades of employment in factories.&#34;Another alleged victim messaged the attacker, thanking them on their &#34;great win&#34; and stating that they put money into Euler that they &#34;desperately needed&#34; for a property.&#34;If we can&#39;t finance our house, my wife is going to murder me [...]&#34; Is there any way you could assist me? &#34;I don&#39;t know what to tell my wife,&#34; they wrote.On-chain statistics show that the $196 million stolen from Euler included Dai $1.00, USDC $1.00, staked ETH, and wrapped Bitcoin (WBTC).

Euler Hacker Seemingly Taking Their Chances, Sends Funds to Crypto Mixer

ItsBitcoinWorld

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