Tornado Cash attacker to potentially giveback governance control, proposal reveals

cointelegraph.com:

Just a day after an attacker sparked community-wide panic after hijacking the Tornado Cash governance, a new proposal hints at the possible restoration of the state of governance.On May 21, the passing of a malicious proposal allowed an attacker to gain complete control over Tornado Cash’s governance.

With total control over the governance of the decentralized crypto mixer, the attacker was in a position to inflict massive losses considering they could withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router.While the story unfolded, community member Tornadosaurus-Hex or Mr.

Tornadosaurus Hex, took proactive steps to minimize the potential damages by publishing a subsequent proposal requesting all members to withdraw all funds locked in governance, as shown below.However, Mr.

Tornadosaurus Hex (Hex) was uncertain about the effectiveness of the new proposal considering the attacker’s grip over the mixer’s governance.