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Cyvers: Gamma Strategies hacker begins depositing $1.65 million into Tornado Cash

According to data monitored by Cyvers Alerts, Gamma Strategies hackers have started depositing $1.65 million in stolen funds into Tornado Cash.

Gamma: All deposit channels have been closed, users can withdraw funds on demand

Gamma, the liquidity management agreement, has announced that it has closed all public treasury/virtual machine monitoring deposit channels. The deposit channels will remain closed until the team discovers and resolves the issue, as users need to withdraw funds. Earlier, there was a flash loan attack on the Gamma Strategies contract on the Arbitrum chain. The attacker manipulated the price and obtained 1535 ETH (valued at approximately 3.43 million US dollars) and bridged it to Ethereum.