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Was tornado cash a treasury drain?

A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain. The DAO handling operations, funds and future plans of privacy-focused crypto mixer Tornado Cash was effectively taken over by an unidentified attacker, or group of attackers, on Saturday.

Is tornado cash a good investment?

Tornado Cash was recently sanctioned by the US Department of Treasury. Privacy is a key objective of many crypto proponents. And it’s one of the features that makes the asset class attractive to some investors. If this principle can’t be guaranteed, some say crypto’s utility becomes questionable.

Will tornado cash's Dao pass if voting closes on May 26?

The proposal looks as though it will pass when voting closes on May 26, though it's unclear when the action will be executed. However, if it does, the malicious code will be removed and the governance of Tornado Cash's DAO will go back to token holders.

Did a tornado cash attacker move ETH & torn tokens?

(NOAA) The attacker behind a takeover of Tornado Cash DAO has apparently started to move their illicitly gained tokens, blockchain data shows. Addresses tied to the attacker moved 100 ether (ETH) and 38,000 torn (TORN) tokens in two transactions using the Tornado Cash protocol on Wednesday night, Etherscan data shows.

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