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Crypto DeFi

Drift Protocol Attacker Moves Another 24,885 ETH to Tornado Cash, Still Holds 56,569 ETH

The address linked to the Drift Protocol exploit deposited another 24,885 ETH, worth about $61.3 million, into mixing protocol Tornado Cash, on-chain monitoring by Lookonchain shows. The attacker, who stole more than $270 million from Drift Protocol, still holds 56,569 ETH valued at roughly $139.3 million after the transfer.

Original source

AI take

The steady, chunked movement of stolen ETH into Tornado Cash points to a deliberate laundering process rather than a rushed exit, and the large balance still sitting in the attacker's address is the more telling detail. For Drift Protocol users and the broader DeFi market, the unresolved question is recovery and accountability, since mixing breaks the on-chain trail that investigators rely on. Worth watching is whether the remaining holdings continue to be deposited at this pace, and whether any exchange or bridge flags the funds before they are fully obscured.

Generated by AI for reference only.

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