After Steadefi Attack, 624.3 ETH Transferred to Tornado Cash Revealed

Crypto News – The Steadefi attack‘s perpetrators made a strategic maneuver, according to MistTrack tracking.

After Steadefi Attack, 624.3 ETH Transferred to Tornado Cash Revealed

Tornado Cash has received 624.3 ETH in total, worth almost $1.03 million, in a covert transfer. The crypto community is intrigued and alarmed by this tactical move since it adds another level of intricacy to the attack’s aftereffects.

When Did the Attack Occur?

When Steadefi experienced a huge financial setback on August 8, the episode that rocked the cryptocurrency community first came to light. It was then discovered that the attack had caused an incredible loss of about $1.1 million. Questions about the attackers’ motivations and future plans are now being raised in light of the discovery of the migration of 624.3 ETH to Tornado Cash.

This most recent evolution was discovered due in large part to MistTrack’s monitoring capabilities.

Their diligent monitoring of blockchain transactions has given them a critical understanding of the movements taking place in the cryptocurrency market. Discussions regarding the overall security and susceptibility of DeFi platforms are sparked by the transfer of assets to Tornado Cash, which also highlights how sophisticated the attackers were.