Crypto mixer Tornado Cash's TORN Token is up as much as 10% after a wallet address linked to a recent attack submitted a new proposal to restore the DAO's state of governance. thesamreynolds reports
“The attacker posted a new proposal to restore the state of governance," user Tornadosaurus-Hex wrote in the, adding that there is a"good chance" that the attacker would execute it.
Tornadosaurus-Hex said that the attacker is reverting the TORN tokens they gave themself – which gave them a controlling share of the governance votes – back to zero. Given the attacker's holdings of TORN governance tokens, the proposal looks as though it will pass when voting closes on May 26, though it's unclear when the action will be executed. When the proposal passes, the malicious code that the attacker integrated into the protocol, which allowed them to steal voting power from others, will be removed, and the governance of Tornado Cash's DAO will go back to token holders.
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