Crypto Platform Raft Suffers $3.3M Exploit, But Hacker Likely Takes a Loss on the Attack

Atmosphere (Shutterstock/CoinDesk)

On-chain data shows that the attacker drained 1,577 ETH from Raft, then sent 1,570 ETH to a burn address – destroying most of the stolen assets and leaving only 7 ETH for themselves. The hacker’s address received 18 ETH via crypto mixer service Tornado Cash before the attack, blockchain data on Arkham shows, likely to fund transactions.

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