The DAO handling operations, funds, and future plans of privacy-focused crypto mixer Tornado Cash was effectively taken over by an unidentified attacker, or group of attackers, on Saturday. DAOs, short for decentralized autonomous organizations, allow token holders to lock up their holdings as votes for proposing changes to a project. At the start of the weekend, the attacker floated a malicious proposal that hid a code function that granted them fake votes that can now be used to handle some aspects of Tornado Cash, such as torn (TORN) tokens held in the main governance contract or withdrawal of locked torn tokens.
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