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Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack

Altszn.com by Altszn.com
May 22, 2023
in Web3
0
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
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Given the attacker’s holdings of TORN governance tokens, the proposal looks as though it will pass when voting closes on May 26, though it’s unclear when the action will be executed. When the proposal passes, the malicious code that the attacker integrated into the protocol, which allowed them to steal voting power from others, will be removed, and the governance of Tornado Cash’s DAO will go back to token holders.

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Read More: www.coindesk.com

Tags: AttackattackerCashsProposalSubmitsTokenTornTornadoUndoweb 3.0Web3
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