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Drift exploiter sends $61M ETH to Tornado Cash, holds $194M

16m ago•
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bearish:

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Drift exploiter sends $61M ETH to Tornado Cash, holds $194M

The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation.

A wallet linked to the Drift Protocol hack sent about $61 million in Ether (ETH) to Tornado Cash, a service that obscures transaction trails.

The wallet deposited 25,700 ETH to the cryptocurrency mixer over two hours on Tuesday after two months of inactivity, blockchain analytics platform Lookonchain said in an X post.

The exploiter’s addresses held about 81,454 Ether, worth roughly $194 million, according to Arkham. Crypto mixers pool funds from multiple addresses and obscure fund trails, making tracing harder.

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16m ago•
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0

bearish:

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