TORN Price gets Lift After Tornado Cash Attacker Proposes to Reverse Governance Attack

The price of TORN, the governance token of the crypto mixer Tornado Cash, experienced a significant rebound, following indications that the hackers responsible for a recent attack on the protocol may be willing to reverse the attack. A user named Tornadosaurus-Hex posted a message on Tornado Cash's governance forum stating that the attacker had presented a proposal to restore the state of governance. The user shared a link to the original on-chain proposal made by the alleged attacker and expressed optimism regarding its execution. This news led to a price increase in TORN, rising from a low of $3.49 on Sunday to $4.72 at the time of writing on Monday.



Despite this strong recovery from the low point, the price of TORN remains down by approximately 36% from its pre-attack high of $7.40 on May 20. The attack on Tornado Cash occurred


First found on: https://coinatory.com/2023/05/23/torn-gets-lift-after-tornado-cash-attack/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP