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Researcher: Suspicious DAO Proposal Emerges in Tornado Cash, Potentially Threatening $23 Million in DAO Funds - CoinFeed
Time 01:16

Researcher: Suspicious DAO Proposal Emerges in Tornado Cash, Potentially Threatening $23 Million in DAO Funds

June 26, 2026
CoinFeed News

CoinFeed June 26 news, L2BEAT researcher @sergeyshemyakov posted on X platform that a suspicious DAO proposal appeared in Tornado Cash on June 25. The target contract of the proposal was unverified, which is highly unusual for Tornado Cash DAO proposals, indicating that the proposal should be considered malicious. The proposal creator's address received funds through Railgun 4 days ago. If the proposal is passed and executed, the governance contract will make a delegatecall to the target contract. sergeyshemyakov stated that the Tornado Cash pool itself is secure, but the proposal could directly attack the Tornado Cash DAO, which currently holds approximately $23 million worth of TORN tokens.

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