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Drift hacker washes $63M through Tornado Cash, leaving recovery claims in limbo

The address Etherscan labels “Drift Exploiter 5” made 258 deposits on October 20, nearly emptying this wallet. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Drift hacker washes $63M through Tornado Cash, leaving recovery claims in limbo
CryptoSlate
AI summary

An address labeled "Drift Exploiter 5" made 258 deposits into Tornado Cash on October 20, nearly emptying the wallet and laundering roughly $63 million in stolen funds. The move through the sanctioned mixing service makes tracing and recovery far harder, undermining any restitution claims for Drift victims. Traders should note the continued use of Tornado Cash for large-scale laundering, which keeps regulatory scrutiny on privacy tools and DeFi exploit recovery expectations low.

Narrative history
3 linked stories · 4 outlets · since 20 Oct
  1. 1H AGO
    You’re reading this
    Drift hacker washes $63M through Tornado Cash, leaving recovery claims in limbo
    CryptoSlate · Score 55
  2. 2H AGO
  3. 10H AGO
    Cointelegraph · Score 55 · via Tornado, Drift
  4. 14H AGO
    The Defiant · Score 55 · via Drift-Linked, Tornado
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