Pando Rings hacker activity: Transfers 4,000 ETH to Tornado Cash via Aave
57 minutes ago
According to PeckShield monitoring, the address that exploited the PandoRings vulnerability deposited 16.8 million USDT into Aave, borrowed 5,000 ETH, repaid the debt afterward, and withdrew its collateral on October 30. The address then converted 16.7 million DAI into 7,548 ETH and deposited 4,000 ETH into TornadoCash. On November 5, 2022, the Pando Rings project suffered a major security incident, where attackers exploited a vulnerability in its price oracle to steal approximately $20 million.
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