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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.

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

The exploiter behind the April 1 Drift hack has moved $61 million in ETH into Tornado Cash while still holding roughly $194 million. The attack caused about $295 million in losses and was attributed to a North Korean threat group by Mandiant. The laundering of stolen ETH through a mixer raises the risk that funds remain in circulation and could be sold, adding a modest overhang on ETH sentiment and highlighting persistent DeFi security and North Korea-linked theft risks.

Narrative history
1 linked story · 2 outlets · since 20 Oct
  1. 1H AGO
    You’re reading this
    Drift exploiter sends $61M ETH to Tornado Cash, holds $194M
    Cointelegraph · Score 55
  2. 4H AGO
    The Defiant · Score 55 · via Tornado, Drift-Linked
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