On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7 ETH (equivalent to $11.6 million) via a flash loan attack on the protocol.
On Friday, March 29, the Prisma Finance hacker transferred some of the proceeds from the theft to crypto mixer Tornado Cash in multiple transactions. According to PeckShield, $2.7 million in ETH was moved in one transaction and $3.8 million in another.
What’s most interesting is the hacker sent an on-chain message barely six hours after the attack through one of the addresses linked to the heist, claiming they are a “white hat hacker.” And the exploiter has continued to send on-chain messages to Prisma Finance’s team since the theft occurred.
Was Prisma Finance ‘Sloppy’ In The $11.6 Million Loss?
In a series of on-chain messages, the exploiter criticized the team behind Prisma Finance for not catching the loophole in the protocol, whi
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