PancakeBunny hacker siphons $2.9M Ether in Tornado Cash

Three years after the PancakeBunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash.

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Part of the stolen funds connected to PancakeBunny, a decentralized finance protocol on the Binance Smart Chain, was funneled through the privacy protocol Tornado Cash after three years of dormancy.

PancakeBunny suffered a flash loan attack in May 2021 and lost roughly 697,000 BUNNY and 114,000 BNB (BNB), which tanked the value of its BUNNY token by 95%.

PancakeBunny, the decentralized finance (DeFi) yield farming aggregator, was unable to recover the stolen funds and eventually dissolved the protocol, transforming it into a decentralized autonomous organization (DAO).

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