Money from AnubisDAO's 13.5K ETH stack clears on Tornado Cash
After almost two years, the 13,556 ETH stolen, which was worth nearly $60 million, amounted to nearly 26.2 million at the time of writing.< /p>
Nearly two years after the dog-inspired decentralized finance (DeFi) project - AnubisDAO - was busted for nearly $60 million in Ether (ETH), the stolen funds have been diverted to help from Tornado Cash.
In October 2021, AnubisDAO raised 13,556 ETH from crypto investors due to the predated Dogecoin (DOGE) trend. However, around 20 hours after the start of the investment, the funds were sent to a different address, which resulted in an instant loss for the investors.
Between July 15 and 16, the illicit funds were transferred via Tornado Cash, a decentralized protocol that enables private transactions. The person in possession of the 13,556 ETH split and moved the funds via 100 ETH per transaction, as shown in the screenshot below.
An extract of the transaction history of AnubisDAO rug backgrounds. Source: etherscan.ioThe information was presented by blockchain investigator PeckShield, back when 13,556 ETH was worth approximately $60 million. After almost two years, the stolen funds amounted to almost 26.2 million at the time of writing.
Looks like @AnubisDAO rugged funds are being washed via @TornadoCash https://t.co/DPoZ1ifSNX https://t.co/LvDSUsL6tS pic.twitter.com/ mKfSdTE6D9
— PeckShieldAlert (@PeckShieldAlert) July 16, 2023While duped investors see their funds siphoned into the abyss, a few remain op...
After almost two years, the 13,556 ETH stolen, which was worth nearly $60 million, amounted to nearly 26.2 million at the time of writing.< /p>
Nearly two years after the dog-inspired decentralized finance (DeFi) project - AnubisDAO - was busted for nearly $60 million in Ether (ETH), the stolen funds have been diverted to help from Tornado Cash.
In October 2021, AnubisDAO raised 13,556 ETH from crypto investors due to the predated Dogecoin (DOGE) trend. However, around 20 hours after the start of the investment, the funds were sent to a different address, which resulted in an instant loss for the investors.
Between July 15 and 16, the illicit funds were transferred via Tornado Cash, a decentralized protocol that enables private transactions. The person in possession of the 13,556 ETH split and moved the funds via 100 ETH per transaction, as shown in the screenshot below.
An extract of the transaction history of AnubisDAO rug backgrounds. Source: etherscan.ioThe information was presented by blockchain investigator PeckShield, back when 13,556 ETH was worth approximately $60 million. After almost two years, the stolen funds amounted to almost 26.2 million at the time of writing.
Looks like @AnubisDAO rugged funds are being washed via @TornadoCash https://t.co/DPoZ1ifSNX https://t.co/LvDSUsL6tS pic.twitter.com/ mKfSdTE6D9
— PeckShieldAlert (@PeckShieldAlert) July 16, 2023While duped investors see their funds siphoned into the abyss, a few remain op...
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