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Wallet Linked to Drift Exploit Sends $61 Million in Ethereum to Tornado Cash

The North Korea-linked attacker behind April's $295 million Drift heist pushed 25,700 ETH through the mixer in two hours, and still controls roughly $198 million more.

Wallet Linked to Drift Exploit Sends $61 Million in Ethereum to Tornado Cash
Decrypt
AI summary

The attacker behind April's $295 million Drift exploit, linked to North Korea, moved 25,700 ETH worth about $61 million through Tornado Cash in roughly two hours. The wallet still holds approximately $198 million in assets. Large-scale laundering through a sanctioned mixer signals that stolen funds are being cashed out and highlights persistent security and compliance risks for Ethereum and DeFi, a modest negative for market confidence.

Narrative history
2 linked stories · 3 outlets · since 20 Oct
  1. 56M AGO
    You’re reading this
    Wallet Linked to Drift Exploit Sends $61 Million in Ethereum to Tornado Cash
    Decrypt · Score 72
  2. 9H AGO
    Cointelegraph · Score 55 · via $61M, Tornado
  3. 12H AGO
    The Defiant · Score 55 · via Drift-Linked, Tornado
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