Nomad, the cross-chain crypto bridge that was hacked on August 2, 2022, lost $ 200 million in crypto money as a result of the hack.
The decline in Bitcoin and altcoins spurred the Nomad bridge hacker into action, and the hacker bought Ethereum with some of the money he stole.
According to Lookonchain's post, the hacker bought 16,892 ETH for 45 million DAI. In order not to give himself away, the hacker transferred these ETHs he received to Tornado Cash.
“Hackers bought ETH from the bottom after the market crashed!
Nomad Bridge Exploiter spent 39.75M DAI to buy 16,892 ETH an hour ago and is depositing the ETH he received into Tornado Cash.
Crypto bridge Nomad was exploited on August 2, 2022 for approximately $200 million.”
Hackers bought $ETH at the bottom after the market dropped!
The #Nomad Bridge Exploiter spent 39.75M $DAI to buy 16,892 $ETH an hour ago and is depositing $ETH to https://t.co/11PfRBP2j2 . https://t.co/8pwhTFSnLw
Crypto bridge #Nomad was exploited for ~$200M on Aug 2, 2022.… pic.twitter.com/9id6bxBR14
— Lookonchain (@lookonchain) August 5, 2024
*This is not investment advice.
