Drift protocol exploiter moves millions in ether to mixer
Image: CointelegraphA wallet linked to the April 1 hack of Drift Protocol deposited about $61 million in ETH into Tornado Cash after two months of inactivity. Lookonchain reported the transaction of 25,700 ETH over two hours. The April attack caused roughly $295 million in losses. A Mandiant forensic investigation attributed the incident to a North Korean threat group. Wallets controlled by the exploiter still hold about $194 million in ETH.
Key points
- A Mandiant forensic investigation attributed the security incident to a North Korean threat group.
- Lookonchain reported the transaction of 25,700 ETH over two hours.
Why it matters
Stolen digital assets move through crypto mixers like Tornado Cash to obscure transaction trails, presenting ongoing security challenges for decentralized platforms and tracking firms.
Price context · ETH
At publication
$2,395.15
Now
$2,396.52
Change since
+0.06%
7 days · dashed line = publication
Sources · 2 publishers
Cointelegraph
Tier 1
Drift exploiter sends $61M ETH to Tornado Cash, holds $194M
Coverage timeline
- First reported by Crypto.news
- Also reported by Cointelegraph
- CryptoVideos brief published
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