{"id":46713,"date":"2023-03-16T05:09:38","date_gmt":"2023-03-16T09:09:38","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=46713"},"modified":"2023-03-16T05:09:42","modified_gmt":"2023-03-16T09:09:42","slug":"euler-finance-hacker-transfers-stolen-funds-to-crypto-mixer","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/euler-finance-hacker-transfers-stolen-funds-to-crypto-mixer\/","title":{"rendered":"Euler finance hacker transfers stolen funds to crypto mixer"},"content":{"rendered":"\n

Euler Finance hacker<\/a> has begun transferring assets to the cryptocurrency mixer Tornado Cash hours after a $1 million reward was offered for information leading to the perpetrator's identification.<\/p>\n\n\n\n

\"Euler
Euler finance hacker transfers stolen funds to crypto mixer<\/figcaption><\/figure>\n\n\n\n

PeckShield, a blockchain analytics company, tweeted on March 16 that the perpetrator of the flash loan attack on Ethereum's noncustodial lending protocol was “on the run.”<\/p>\n\n\n\n

The hacker moved one thousand Ether, or around $1.65 million, through the authorized cryptocurrency mixer<\/a> Tornado Cash.<\/p>\n\n\n\n

\n

#PeckShieldAlert\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> @eulerfinance<\/use><\/svg><\/span><\/a> exploiter on the move
~1,000 $ETH<\/use><\/svg><\/span><\/a> into Tornado Cash through intermediary address 0xc66d…c9ahttps:\/\/t.co\/LAkY66YpoF<\/use><\/svg><\/span><\/a> pic.twitter.com\/0XhQV1nbgn<\/use><\/svg><\/span><\/a><\/p>— PeckShieldAlert (@PeckShieldAlert) March 16, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

That comes only hours after Euler Laboratories posted a $1 million prize for information leading to “the arrest of the Euler protocol attacker and the restitution of the stolen monies.”<\/p>\n\n\n\n

A day ago, Euler issued an on-chain message to the exploiter's address, threatening to launch a bounty “that leads to your arrest and the recovery of all monies” if 90% of the stolen coins were not returned within 24 hours.<\/p>\n\n\n\n

The transfer of cash to the cryptocurrency mixer may imply that the hacker remains unmoved by Euler's amnesty offer<\/use><\/svg><\/span><\/a>.<\/p>\n\n\n\n

Peckshield discovered that about 100 ETH, valued at $165,202 at the time of writing, were sent to a wallet address that likely belongs to one of the victims. An earlier on-chain message published from the wallet's address appealed to the attacker to return their “life savings.”<\/p>\n\n\n\n

\n

WOW!@eulerfinance<\/use><\/svg><\/span><\/a> Exploiter returned 100 $ETH<\/use><\/svg><\/span><\/a> to some guy who begged him for the money back as it was his life savingshttps:\/\/t.co\/Gz9aCUZB0H<\/use><\/svg><\/span><\/a> pic.twitter.com\/DhZBenqtuS<\/use><\/svg><\/span><\/a><\/p>— Wazz (@WazzCrypto) March 16, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

This prompted a flood of further victims to submit messages to the address in the hopes of receiving their monies back.<\/p>\n\n\n\n

One message indicated that they were “twenty-six families from jobless rural areas” who had lost “one million USDT in total,” adding that their portion of the stolen monies represented “decades of hard labor in factories.”<\/p>\n\n\n\n

Another potential victim sent the attacker a note thanking them for their “great victory” and stating they had invested “desperately needed” monies for a property in Germany.<\/p>\n\n\n\n

\u201cMy wife is going to kill me if we can\u2019t afford our house […] Is there any way [sic] you can help me? I have no idea what to tell my wife,\u201d they wrote.<\/em><\/p>\n\n\n\n

The $196 million stolen from Euler consisted of Dai, USD Coin, staked ETH, and wrapped Bitcoin<\/a>, according to on-chain statistics (WBTC).<\/p>\n","protected":false},"excerpt":{"rendered":"

Euler Finance hacker has begun transferring assets to the cryptocurrency mixer Tornado Cash hours after a $1 million reward was offered for information leading to the perpetrator’s identification. PeckShield, a blockchain analytics company, tweeted on March 16 that the perpetrator of the flash loan attack on Ethereum’s noncustodial lending protocol was “on the run.” The […]<\/p>\n","protected":false},"author":12,"featured_media":46718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11476],"tags":[13793,13744,1496,10782],"class_list":["post-46713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hacks-and-scams","tag-crypto-mixer","tag-euler-finance","tag-hack","tag-tornado-cash-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/03\/image-39.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/46713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=46713"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/46713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/46718"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=46713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=46713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=46713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}