TORN Token Rises to 10% as Attacker Proposes to Refrain Hack
The post TORN Token Rises to 10% as Attacker Proposes to Refrain Hack appeared first on Coinpedia Fintech News
The TORN token increased by 10% after the recent DAO attack. The attacker proposes a solution to restore the governance state in the Tornado cash community forum, a proposal likely to be executed. Tornadosaurus-Hex attacker TORN token lost value, losing control of governance votes. The attacker’s TORN holdings indicate the proposal’s likely passage on May 26. Malicious code will be removed and Tornado Cash’s DAO governance returns to token holders. Token rose 10% before dropping due to “gigatroll” to lower the prices for increased holdings.
Tornado Cash attacker to potentially give back governance control, proposal reveals