- A new transfer of funds towards Tornado Cash from the wallet associated with the 2021 Uranium Finance exploit was detected.
- The Uranium Finance attack saw approximately $50 million affected.
In March, a wallet address 0x59d7…D69 connected with Uranium Finance exploit started moving 2,250 ETH, worth approximately $3.35 million, in stolen funds into the popular crypto mixer, TornadoCash.
#CertiKSkynetAlert 🚨
— CertiK Alert (@CertiKAlert) May 18, 2023
We are seeing a movement of funds to @TornadoCash from address 0x59d7 which is connected to the ~$50m Uranium Finance exploit in April 2021.
The EOA deposited an additional 50 ETH (~$91.2k).
See more about this incident here 👇https://t.co/WDHxatQpsW
Earlier on March 7, the blockchain security firm, PeckShield detected the movement of funds from the wallet.
On April 28, 2021, Uranium Finance experienced a significant exploit. The attackers specifically targeted the token migration event of its v2.1 and exploited the project’s balance modifier. As a result, approximately $50 million worth of funds were drained from the protocol, which operates on the Binance Smart Chain.
Following the exploit, allegations of a rug pull emerged, despite the team maintaining their innocence in the matter. Shortly after the incident, Uranium Finance made the decision to halt the development of v3 and officially announced a complete shutdown. The project’s final post conveyed this information to the community.
