Nomad exploiter moves roughly $1.57M to Tornado Cash

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A wallet address linked to the $190 million Nomad exploit has moved about $1.57 million to OFAC-sanctioned Tornado Cash.

Back on Aug 1, 2022, a hacker exploited the Nomad bridge to withdraw about 100 WBTC worth $2.3 million.  The malicious code used for the exploit was exposed, leading to several copycat hacks — resulting in a total of $190.7 million was drained from the protocol.

A number of Whitehat hackers reportedly returned about $22 million to Nomad, which is roughly 4.8% of the stolen funds.

Blockchain security firm Certik noted that a wallet affiliated with the hacker was transferring funds to Tornado Cash, according to a tweet on Jan. 9.

The hacker sent 12 batches of 100 ETH to the Tornado Cash Router, bringing the total transferred assets to 1,200 ETH. The transferred assets are worth approximately $1.57 million.

By sending the assets via Tornado Cash, the hacker intends to cash out the funds without leaving a trace of their identity.

Relaunch of Nomad bridge

Following the $190 million bridge hack, the Nomad team worked to patch the vulnerability found in the contract.

On Dec. 20, 2022, Nomad announced that it had relaunched the bridge and will allow only madAsset holders to access their portions of the recovered funds.

About $1.2 million was made available for initial withdrawals while some $588,000 was left to pay bounties to eligible Whitehat hackers.

The post Nomad exploiter moves roughly $1.57M to Tornado Cash appeared first on CryptoSlate.

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