Security

DAO Maker exploiter returns after 200 days, sends $600,000 to Tornado Cash

An Ethereum wallet linked to the DAO Maker exploit from 2021 has just come back to life.

An address associated with the platform’s exploiter sent $600,000 worth of stablecoins through Tornado Cash, according to security firm PeckShield.

The exploiter’s wallet hadn’t been active for over 200 days.

DAO Maker, a crowd fundraising platform that has no connection to MakerDAO, was initially exploited in August 2021. A bug in the decentralized autonomous organization’s smart contract allowed the exploiter to take over $7 million of stablecoins. The funds were then spread out across several wallets.

Another wallet associated with the exploiter moved $500,000 worth of DAI in September, again using Tornado Cash.

The popular mixing service — used to obscure the details of transactions — was in the spotlight at the time, having been sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control.

The sanctions mean all U.S.-based individuals and entities are prohibited from interacting with the app, given its potential for money laundering.

   

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