Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: examplens on January 31, 2024, 02:39:15 PM

Title: new hack from Tornado Cash. Samudai lost $1.25M
Post by: examplens on January 31, 2024, 02:39:15 PM
A few days ago, a new hack was recognized by this now well-known group.
I just found this on Twitter, https://twitter.com/CyversAlerts/status/1747927183069184293

Quote
🚨ALERT🚨Our AI system detected a suspicious deposit of $1.25M into
@TornadoCash
 earlier today.
It appears that a DAO project,
@samudaixyz
, has lost control of their wallet, resulting in a loss of $1.25M.

Both of their #multisig addresses, as well as the address of
@samudaixyz
's founder,
@kushagra_agr
, have been compromised.
All assets were transferred to the hacker's address, converted to $ETH, and then deposited into
@TornadoCash
 additionally, 21 $ETH $54K deposited to #exch exchange.
The founder has issued an on-chain message offering a 10% bounty for returning funds!

Every
@Cyvers_
 customer is safe! and assets monitored by
@Cyvers_
 never have been hacked. 0 incidents!
#CyversAlert

One exchange is also mentioned, which is otherwise quite well accepted. I hope they won't have a problem because of that, or that their current inactivity has nothing to do with these transactions.
Title: Re: new hack from Tornado Cash. Samudai lost $1.25M
Post by: Jamal Aezaz on January 31, 2024, 02:44:06 PM
A few days ago, a new hack was recognized by this now well-known group.
I just found this on Twitter, https://twitter.com/CyversAlerts/status/1747927183069184293

Quote
🚨ALERT🚨Our AI system detected a suspicious deposit of $1.25M into
@TornadoCash
 earlier today.
It appears that a DAO project,
@samudaixyz
, has lost control of their wallet, resulting in a loss of $1.25M.

Both of their #multisig addresses, as well as the address of
@samudaixyz
's founder,
@kushagra_agr
, have been compromised.
All assets were transferred to the hacker's address, converted to $ETH, and then deposited into
@TornadoCash
 additionally, 21 $ETH $54K deposited to #exch exchange.
The founder has issued an on-chain message offering a 10% bounty for returning funds!

Every
@Cyvers_
 customer is safe! and assets monitored by
@Cyvers_
 never have been hacked. 0 incidents!
#CyversAlert

One exchange is also mentioned, which is otherwise quite well accepted. I hope they won't have a problem because of that, or that their current inactivity has nothing to do with these transactions.
Damn. another big crypto theft added in this year. we don't know how many more we have to see in coming days. hackers really not slowing down. sad thing is all those were probably users funds. i hope the teams behind these projects do anything necessary to recover the funds.
Scammers know they'll end up getting caught for such huge theft attempts but they still never stop doing that. %10 is a huge amount. hacker better take that reward and return the rest of be ready to have Jail time.
Title: Re: new hack from Tornado Cash. Samudai lost $1.25M
Post by: Zed0X on January 31, 2024, 03:06:33 PM
Hackers still uses Tornado cash? That's not something I expect after what happened to them.

~
One exchange is also mentioned, which is otherwise quite well accepted. I hope they won't have a problem because of that,
At least there will be an attempt to seize the mentioned exchange like what the Government agencies did to Tornado cash. A few more activities/transactions like this and there will be more pressure to shut them down.
Title: Re: new hack from Tornado Cash. Samudai lost $1.25M
Post by: 0t3p0t on January 31, 2024, 03:08:04 PM
A few days ago, a new hack was recognized by this now well-known group.
I just found this on Twitter, https://twitter.com/CyversAlerts/status/1747927183069184293

Quote
🚨ALERT🚨Our AI system detected a suspicious deposit of $1.25M into
@TornadoCash
 earlier today.
It appears that a DAO project,
@samudaixyz
, has lost control of their wallet, resulting in a loss of $1.25M.

Both of their #multisig addresses, as well as the address of
@samudaixyz
's founder,
@kushagra_agr
, have been compromised.
All assets were transferred to the hacker's address, converted to $ETH, and then deposited into
@TornadoCash
 additionally, 21 $ETH $54K deposited to #exch exchange.
The founder has issued an on-chain message offering a 10% bounty for returning funds!

Every
@Cyvers_
 customer is safe! and assets monitored by
@Cyvers_
 never have been hacked. 0 incidents!
#CyversAlert

One exchange is also mentioned, which is otherwise quite well accepted. I hope they won't have a problem because of that, or that their current inactivity has nothing to do with these transactions.
Damn. another big crypto theft added in this year. we don't know how many more we have to see in coming days. hackers really not slowing down. sad thing is all those were probably users funds. i hope the teams behind these projects do anything necessary to recover the funds.
Scammers know they'll end up getting caught for such huge theft attempts but they still never stop doing that. %10 is a huge amount. hacker better take that reward and return the rest of be ready to have Jail time.
Since transactions were being tracked I think someone will be having the guts to soend time hunting this attacker in exchange of that 10%  reward. This kind of news keeps the crypto industry away from faint-hearted individuals or vice versa.
Title: Re: new hack from Tornado Cash. Samudai lost $1.25M
Post by: dkbit98 on January 31, 2024, 05:47:41 PM
A few days ago, a new hack was recognized by this now well-known group.
If I understand correctly this was NOT Tornado cash hack, they just used it to convert coins to ethereum, and I never before heard about Cyvers or Samudai.
I don't understand how someone can compromise their multisig setup unless this was an inside job, or if they created weak multisig and kept everything in same place.
I guess this is what you get when you mess around with Borrow, Leverage and Earn Yield crap.  :P