In addition to the current roadblocks of the crypto mixer Tornado Cash, the attacker has taken complete control of the government through malicious schemes.
On May 20 at 3:25 a.m. ET, an attacker managed to get 1.2 million votes for a malicious plan. Since the plan received more than 700,000 valid votes, the attacker took full control of Tornado Cash.
This information was shared by @samczsun of the research-focused technology investment company Paradigm, who revealed that when he shared the malicious plan, the attacker said he was using a similar logic to the plan of the city it has already been transferred. However, this time the plan has another function.
Full control over Tornado Cash’s governance allows an attacker to remove all locked votes, erase all governance tokens, and brick routers. As of writing, the attacker “took only 10,000 votes as TORN and sold them all,” said @samczsun.
The attack reminds crypto investors to check the details and logic of the plan. An active community of Tornado Cash, called Tornadosaurus-Hex or Mr. Tornadosaurus Hex, has confirmed that all the money in the government can be destroyed and asked all the members to remove all the money stuck in the government.
As mentioned above, they tried to come up with an agreement that could fix the change and suggest that the people withdraw their money. Our sources also saw a distress call from one of the developers of Tornado Cash which confirmed the above developments.
The group is looking for Solidity developers who can help save the protocol from extinction. They also said that “we need contact with Binance – this exchange has more tokens than a striker”.
Tornado Cash’s former developer is reportedly working on building a new crypto-mingling service from the ground up, which addresses a “critical flaw” in Tornado Cash.
The developer hopes that the solution will allow “communities to be protected against hackers who act without the knowledge of honest users who do not need insurance policies or dismiss ideas of crypto.”
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