FinanceFeedsCrypto

Drift Protocol Hacker Sends $61 Million in Ether to Tornado…

By Abdelaziz Fathi

Photo for: Drift Protocol Hacker Sends $61 Million in Ether to Tornado…

AI summary of the source article

Wallets tied to the $295 million Drift Protocol exploit transferred roughly 25,700 Ether, worth $61.56 million, to Tornado Cash on October 20. The movement comes as victims begin claiming compensation via Drift's new DFX recovery-token framework.

Why it matters

The latest activity matters because Drift's compensation system depends partly on recovering assets from wallets controlled by the attacker.

Key facts

  • An attacker transferred approximately 25,700 ETH ($61.56 million) to Tornado Cash on October 20.
  • Wallets linked to the April 1 Drift Protocol exploit still held about 81,864 ETH valued at $195 million.
  • Drift opened claims for DFX recovery tokens on October 1 to compensate users for verified losses.

Source excerpt · FinanceFeeds

Wallets linked to the $295 million Drift Protocol exploit transferred approximately 25,700 Ether (ETH), worth $61.56 million, to Tornado Cash on October 20, renewing concerns over the recovery of stolen assets as victims begin claiming compensation through the decentralized exchange's new recovery-token system. Blockchain analytics platform Lookonchain identified the transfers after roughly two mo…