Huge Scam Rocks Cryptocurrency World: Tornado Cash Faces Major Cyber Attack Leading to 40% Value Drop in TORN Altcoin!
Investors have taken a hit following the disclosure made after the cyber attack on the famous cryptocurrency platform, Tornado Cash! The popular cryptocurrency platform Tornado Cash is under relentless attack from hacker groups. The famous platform, which was seized as a result of a cyber attack by a malicious hacker group, led to the theft of millions of dollars in tokens. Here are the details…
The cost of the crypto scam was heavy!
Tornado Cash, which has been under close scrutiny in the United States recently, was temporarily seized as a result of the attacks carried out. The attackers who took over the management transferred millions of dollars worth of TORN to their own crypto wallets, causing a 40% loss in the value of the TORN altcoin.
TORN
TORN had been performing successfully for some time. However, the altcoin, which experienced a sharp decline as a result of the attack carried out, could not continue this successful trend in the long term. TORN, which was trading at a value of about 7 dollars, fell to 3.7 dollar levels, but was able to rise to a value of 4.92 dollars thanks to the measures taken, even though investors took a big hit from the mentioned attack.
The world’s leading cryptocurrency exchanges did not delay in taking precautions after this flash development in the world of cryptocurrency. TORN deposit transactions, which were blocked a short time after the attack, are still disabled. Even though it is known that these measures are inadequate to bring the altcoin back to its old levels, the aim is to prevent damage at least for now.
So, what do you think about this issue? Did this massive scam in the cryptocurrency world surprise you? You can share your thoughts with us in the comments section.
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