Hacker Transfers 1200 ETH to Tornado Cash After Abracadabra’s $13 Million MIM Spell Attack

On April 8th, **COINOTAG News** reported a significant development involving the Abracadabra ($MIM_Spell) hack. According to **CertiK**, the blockchain security firm, the perpetrator has moved **1,200 ETH** to the **Tornado Cash** privacy protocol. This transfer follows a major attack on March 25th, where the MIM Spell contract was compromised, leading to a substantial **loss of approximately 6,260 ETH**—equating to nearly **$13 million**. The attack highlights ongoing vulnerabilities within the DeFi sector, drawing attention to the necessity for enhanced security measures. As hacks like this threaten investor confidence, stakeholders are urged to remain vigilant and prioritize security innovations. Additionally, this incident sheds light on the critical role of monitoring services like **CertiK** in safeguarding digital assets. The evolving landscape of cryptocurrency necessitates a proactive approach to risk management and due diligence in transactions.