Tornado Cash Attack: Governance Restoration Proposal Passed
Last week, the TORN token witnessed an impressive surge of nearly 10%. This unexpected rise follows a groundbreaking proposal from the attacker’s wallet address, which had previously compromised the DAO’s governance. The proposal aims to reverse the malicious actions and restore integrity to the system.
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Community discussions have been buzzing with anticipation, with forum user Tornadosaurus-Hex hinting at a “good chance” of the attacker executing this reversal. All eyes are now on May 26, as the proposal is expected to pass and pave the way for a restored governance framework.
Yesterday, the proposal to eliminate the malicious code, submitted by the Tornado Cash attackers, has been passed, enabling community members to regain control over the protocol.
It’s worth noting that during the attacker’s brief period of control, the hacker managed to abscond with approximately $1.5 million. The motives behind the attacker’s decision to return the governance privileges remain shrouded in mystery, leaving everyone pondering the true intentions behind this unexpected gesture.
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