On-chain analyst Ember reported that a hacker tied to the Pando Rings exploit from four years ago has moved part of a recently accumulated Ether position through Tornado. According to the monitoring update, the attacker who stole about $22 million from the project bought 7,548 ETH with 16.98 million DAI after the market fell following the Binance hack three days earlier. The average purchase price was listed at $2,249 per ETH. Two hours before the report, the hacker transferred 4,000 ETH from that holding through Tornado. The amount was valued at about $9.22 million in the update. The report attributes the tracking data to Ember and was published by Odaily.
Odaily reported, citing on-chain analyst Ember, that a hacker linked to the Pando Rings exploit from four years ago moved 4,000 ETH through Tornado two hours before the update. The transferred amount was valued at about $9.22 million.
Ember said the attacker had stolen about $22 million from the Pando Rings project. After the market fell following the Binance hack three days earlier, the hacker spent 16.98 million DAI to buy 7,548 ETH at an average price of $2,249.
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