The hacker behind the exploit of stablecoin protocol Resupply has transferred 1,607 ETH, worth approximately $6.5 million, to the crypto mixer Tornado Cash, according to a report from PeckShield. The funds originate from an earlier attack where the perpetrator stole around $9.5 million. The exploit involved artificially inflating the price of crcrvUSD, a wrapped token of crvUSD, which caused its exchange rate to collapse. The attacker then used the manipulated market to borrow 10 million reUSD.
Resupply hacker moves $6.5M in ETH to Tornado Cash
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share