PeckShield’s monitoring discovered that the stolen funds from Infini were moved to a Tornado Cash wallet, where they were converted to DAI. Speculation suggests a potential compromise of the wallet’s private key. What could this mean for the future?
The Transfer to Tornado Cash
The stolen funds from Infini have found their way to a wallet backed by Tornado Cash as reported by Odaily. The assets have been swiftly exchanged into DAI, raising concerns about the security breach surrounding wallet 0xc49b…e3e1.
🔒 Security Breach Concerns
With suspicions of the private key’s compromise looming, questions arise about the vulnerability of digital asset security protocols. The move to Tornado Cash raises alarms in the crypto community regarding the safety of decentralized finance platforms.
🔍 What’s Next for Infini?
As the stolen funds take refuge in a Tornado Cash wallet, the path to recovery for Infini appears murky. Will there be efforts to trace and reclaim the assets, or is this a setback that could have broader implications for the DeFi ecosystem?
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