Euler hacker seemingly taking their probabilities, sends funds to crypto mixer


The hacker chargeable for the $196 million assault on Euler Finance has begun shifting funds into crypto mixer Twister Money, solely hours after a $1 million bounty was launched to uncover the hacker’s identification.

Blockchain analytics agency PeckShield tweeted on March 16 that the exploiter behind the flash mortgage assault on the Ethereum noncustodial lending protocol was “on the transfer.”

The exploiter transferred 1,000 Ether (ETH), roughly $1.65 million, by sanctioned crypto mixer Twister Money.

It comes solely hours after Euler Labs tweeted it is launching a $1 million reward for info main “to the Euler protocol attacker’s arrest and the return of all funds.”

Only a day earlier, Euler despatched an on-chain message to the exploiter’s deal with on March 14 warning it might launch a bounty “that results in your arrest and the return of all funds” if 90% wasn’t returned inside 24 hours.

The motion of the funds to the crypto mixer may point out that the hacker just isn’t being swayed by Euler’s amnesty provide. 

Peckshield famous that round 100 ETH, value $165,202 on the time of writing, was despatched to a pockets deal with that’s doubtless owned by one of many victims. An on-chain message despatched by the pockets deal with had earlier pleaded for the attacker for the return of their “life financial savings.”

This led to a slew of different victims sending messages to the deal with in hopes of additionally getting their funds returned.

Associated: Euler assault causes locked tokens, losses in 11 DeFi protocols, together with Balancer

One message acknowledged they “are twenty-six households from jobless rural areas,” who misplaced “1,000,000 USDT in complete,” including their share of funds within the protocol was the “life-savings from our previous a long time of labor in factories.”

One other obvious sufferer messaged the attacker congratulating them on the “huge win” and mentioned they invested funds into Euler they “desperately wanted” for a home.

“My spouse goes to kill me if we will’t afford our home […] Is there anyway [sic] you possibly can assist me? I do not know what to inform my spouse,” they wrote.

In line with on-chain knowledge, the $196 million stolen from Euler consisted of Dai (DAI), USD Coin (USDC), staked ETH and wrapped Bitcoin (WBTC).