The black address (0xdf790) in the BNQ attack has transferred the funds to Tornado Cash

It is reported that according to CertiK monitoring, the black address (0xdf790) in the BNQ attack has transferred the funds to Tornado Cash. There are 180 BNBs (about $54000) in the address, and 120 BNBs (about $35400) have been transferred to Tornado Cash.

Interpretation of this information:

The message reports findings from CertiK monitoring which show that the black address (0xdf790) in the BNQ attack has transferred funds to Tornado Cash. Tornado Cash is a privacy-enhancing technology based on Ethereum that allows users to make anonymous transactions. There are 180 BNBs (about $54000) in the black address, and 120 BNBs (about $35400) have been transferred to Tornado Cash.

This message raises several questions regarding the motives and implications of the fund transfer. The BNQ attack was a serious breach of security in the Binance Smart Chain (BSC), which resulted in the loss of millions of dollars. The attacker used a flash loan to manipulate the price of the BNQ token and then drained liquidity from the BNQ-BUSD pool. It is unclear who the attacker is, and what their ultimate goal was.

The transfer of funds to Tornado Cash complicates the investigation, as it makes it difficult to trace the movement of the stolen funds. Tornado Cash is designed to provide privacy and anonymity to transactions, which makes it an attractive tool for money laundering and illegal activities. The transfer of funds suggests that the attacker may be trying to cover their tracks and avoid detection by law enforcement agencies.

The transfer of 120 BNBs to Tornado Cash also raises questions about the liquidity of the pool. If a large number of users follow in the footsteps of the attacker and use Tornado Cash to transfer funds anonymously, it could result in a reduction in liquidity and thereby negatively affect the wider BSC ecosystem. Moreover, the transfer of funds to Tornado Cash undermines the transparency and accountability of blockchain technology, which is built on the premise of distributed trust and a shared ledger.

In conclusion, the message about the transfer of funds from the BNQ attack to Tornado Cash has far-reaching implications for the Binance Smart Chain and the larger blockchain community. It highlights the need for robust security protocols and the importance of transparency and accountability in blockchain technology. It also raises questions about the motives of the attacker and the potential impact of their actions on the wider ecosystem. Only time will tell how this story will unfold, but it serves as a reminder of the risks and challenges that come with the adoption of new technologies.