Cysic Exploit Wallet Sends $744,000 in Crypto to Tornado…
By Abdelaziz Fathi
AI summary of the source article
A wallet linked to the Cysic bridge exploit transferred approximately $744,000 in ETH and BNB to Tornado Cash on October 23. The transfer occurred less than a day after the Cysic Foundation offered a 10% bounty to recover proceeds.
Why it matters
Its importance lies in "making recovery and attribution harder as the foundation attempts to negotiate the return of exploit proceeds."
Key facts
- An address tied to the Cysic attacker transferred 300 ETH and 30.4 BNB, worth roughly $743,700, into Tornado Cash on October 23.
- The funds stem from an October 17 incident where an attacker unauthorizedly minted 10 million CYS tokens via Cysic's cross-chain bridge infrastructure.
- The Cysic Foundation had proposed letting the attacker keep 30.652 ETH as a 10% bounty if 275.872 ETH was returned within 72 hours.
Source excerpt · FinanceFeeds
A wallet linked to the Cysic bridge exploit has sent approximately $744,000 in Ether and BNB to Tornado Cash, complicating recovery efforts less than a day after the Cysic Foundation offered the attacker a 10% bounty for returning most of the identified proceeds.The address transferred 300 ETH, worth approximately $721,100 at the time, and 30.4 BNB, valued at about $22,600, into the privacy protoc…