🌪Wow, what a storm of a week for Tornado Cash, right?

First, someone hacked their governance, tricking the DAO's members to vote in favor of giving the hacker full control (via giving him 1.2 million votes vs. everybody else's 700k).

Then the hacker put up a proposal to restore the governance to the old way, basically giving back control.

❓Will the hacker actually give up on the total control of Tornado Cash (and its treasury)?

Or is this a ploy to slow down the selloff of the TORN token (and raise its price) so the hacker could cash out more?

✅Regardless, this is a big flashing warning for all DAOs to be careful with their governance mechanism. Whether via validators, careful quorum settings, or other measures, the need to protect against malicious proposals is crucial for the viability of DAO as a governance form.