Garden Finance Hack Results in $10.8 Million Loss, Funds Flow Through Tornado Cash

A recent exploit of the decentralized finance platform Garden Finance has resulted in a substantial loss of $10.8 million. Following the attack, funds were transferred to Tornado Cash, a cryptocurrency mixing protocol, by the attackers. This transfer aims to obscure the origin of the stolen assets and is a common tactic used after significant crypto thefts. The impact highlights the vulnerabilities of DeFi projects and raises concerns about their security and trustworthiness.