Early today, Harmony Protocol declared on Twitter about the hackers moving stolen funds to Tornado Cash Ethereum Mixer and thus, hinting that the hackers refuse to accept the $1Million bounty.
Harmony Protocol also reconfirmed that the team was working with “two highly reputable blockchain tracing and analysis partners”, with the Federal Bureau of Investigation, to probe the hack.
While stressing upon ‘transparency’, the Protocol said this time confidentiality is most important to support the investigations in progress.
Hackers don’t seem to bother about Harmony offering a $1 million bounty for the $100 Million crypto funds which were stolen in a hack on June 23. And this goes out to show that this meagre sum won’t be enough to convince the exploiter to return them.
A total of 36k ETH ($43m) in two batches of 18k each has been moved to the Tornado Cash as of this writing. It is worth noting that Tornado Cash allows mixing a maximum of 100 ETH at a time.
Thus, a large sum might take several hours to mix. The process of mixing ETH is a privacy strategy for complicating the transaction of coins so that they become untraceable.
Stephen Tse, the creator of Harmony, acknowledged that the exploiter gained access to the two Horizon Bridge signees that were required for the multisig address that was used to secure the funds.
He added that the vulnerable Ethereum side of the bridge has been switched to a more secure multisig wallet that required four signatories.
Also read: Hackers Drain Multiple Wallets Targeting Duppies NFT
