The price of Tornado Cash’s (TORN) native token has surged by more than 10% after the attacker who exploited a vulnerability in the protocol submitted a proposal to undo the attack.
The attack, which was first reported on May 19, allowed the attacker to steal an estimated $80 million worth of ETH and other cryptocurrencies from Tornado Cash.
The attacker exploited a vulnerability in Tornado Cash’s smart contract that allowed them to mint new TORN tokens without actually depositing any funds.
The attacker then used these newly minted TORN tokens to withdraw the stolen funds from Tornado Cash.
In the proposal, the attacker has offered to return the stolen funds in exchange for a 10% cut.
The proposal has been met with mixed reactions from the community.
Some people believe that the attacker should be punished for their actions, while others believe that it is in the best interests of the community to accept the proposal and get the stolen funds back.
It is unclear what the outcome of the proposal will be.
However, the surge in the price of TORN tokens suggests that investors are optimistic that the stolen funds will be returned.