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Jaredfromsubway Hacker Ignores 50% Bounty, Routes Funds to Tornado Cash


Jaredfromsubway Hacker Ignores 50% Bounty, Routes Funds to Tornado Cash

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The attacker who exploited Ethereum MEV bot Jaredfromsubway has moved millions of dollars through Tornado Cash, signaling use of crypto mixing to launder proceeds after the exploit. This transfer occurred despite the bot operator's public offer to return half the stolen funds as a white-hat bounty and talks with recovery groups, suggesting low prospects for recovery and elevated DeFi security and enforcement risk.

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The attacker behind the exploit of Ethereum MEV bot Jaredfromsubway has moved millions of dollars through Tornado Cash, despite a public offer to return half the stolen funds in exchange for a white-hat bounty.

The transfer suggests that the attacker may have little interest in negotiating, even with the bot’s operator offering rewards and claiming that they have had discussions with potential recovery groups.

Read the article at CryptoPotato

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In This News

Coins

$ 1.82K

+1.48%

$ 0.00184

+2.57%

$ 0.99999

+0.03%

Predictions Markets

See what traders are focused on

View analytics →
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