Hacker Transfers $2.1M in Stolen Unizen Funds to Tornado Cash

Last Updated on August 7, 2024

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Key Takeaways:

  • A hacker moved $2.16 million stolen from Unizen to Tornado Cash, the first movement since the hack in March.
  • The funds, totaling 865.4 ETH, were transferred via 26 transactions after converting 1,679,859 DAI.
  • Unizen announced reimbursements for users who lost $750,000 or less, with refunds starting March 11.

A hacker has moved $2.16 million stolen from the decentralized finance protocol Unizen to Tornado Cash, marking the first movement of these funds since the hack in March.

Blockchain security firm PeckShield noted the transfer of 865.4 Ether (ETH) to the mixing service on August 7.

Initially, 500,000 Dai (DAI) was transferred, followed by an additional 1,679,859 DAI, which was then converted into 863.67 ETH and sent out via 26 transactions.

Unizen had announced that users who lost $750,000 or less would be reimbursed, with refunds starting on March 11.

Post-hack, Unizen’s CTO, Martin Granström, stated the company was working with security firms and law enforcement to identify the hacker and planned to release an incident report while investing in enhanced security measures.

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