Euler hacker seemingly taking their chances, sends funds to crypto mixer

2 years ago

Before the move, the hacker seemingly refunded astatine slightest 1 victim, starring to a slew of on-chain messages from different purported victims.

Euler hacker seemingly taking their chances, sends funds to crypto mixer

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The hacker liable for the $196 cardinal onslaught connected Euler Finance has begun moving funds into crypto mixer Tornado Cash, lone hours aft a $1 cardinal bounty was launched to uncover the hacker's identity.

Blockchain analytics steadfast PeckShield tweeted connected March 16 that the exploiter down the flash indebtedness attack connected the Ethereum noncustodial lending protocol was “on the move.”

The exploiter transferred 1,000 Ether (ETH), astir $1.65 million, done sanctioned crypto mixer Tornado Cash.

#PeckShieldAlert @eulerfinance exploiter connected the move
~1,000 $ETH into Tornado Cash done intermediary code 0xc66d...c9ahttps://t.co/LAkY66YpoF pic.twitter.com/0XhQV1nbgn

— PeckShieldAlert (@PeckShieldAlert) March 16, 2023

It comes lone hours aft Euler Labs tweeted it's launching a $1 cardinal reward for accusation starring “to the Euler protocol attacker’s apprehension and the instrumentality of each funds.”

Just a time earlier, Euler sent an on-chain connection to the exploiter's code connected March 14 informing it would motorboat a bounty “that leads to your apprehension and the instrumentality of each funds” if 90% wasn't returned wrong 24 hours.

The question of the funds to the crypto mixer could bespeak that the hacker is not being swayed by Euler's amnesty offer. 

Peckshield noted that astir 100 ETH, worthy $165,202 astatine the clip of writing, was sent to a wallet code that is apt owned by 1 of the victims. An on-chain connection sent by the wallet code had earlier pleaded for the attacker for the instrumentality of their "life savings."

WOW!@eulerfinance Exploiter returned 100 $ETH to immoderate feline who begged him for the wealth backmost arsenic it was his beingness savingshttps://t.co/Gz9aCUZB0H pic.twitter.com/DhZBenqtuS

— Wazz (@WazzCrypto) March 16, 2023

This led to a slew of different victims sending messages to the code successful hopes of besides getting their funds returned.

Related: Euler onslaught causes locked tokens, losses successful 11 DeFi protocols, including Balancer

One message stated they “are twenty-six families from jobless agrarian areas,” who mislaid “a cardinal USDT successful total,” adding their stock of funds successful the protocol was the “life-savings from our past decades of enactment successful factories.”

Another evident unfortunate messaged the attacker congratulating them connected the “big win” and said they invested funds into Euler they “desperately needed” for a house.

“My woman is going to termination maine if we can’t spend our location [...] Is determination anyhow [sic] you tin assistance me? I person nary thought what to archer my wife,” they wrote.

According to on-chain data, the $196 cardinal stolen from Euler consisted of Dai (DAI), USD Coin (USDC), staked ETH and wrapped Bitcoin (WBTC).

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