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Crypto DeFi

Drift Protocol Attacker Moves 13,400 ETH to Tornado Cash After Two-Month Silence

The attacker behind Drift Protocol moved at least 13,400 ETH, worth about $32 million, into Tornado Cash after two months of inactivity, on-chain tracker Onchain Lens reported on October 20. The wallet still holds roughly $224.59 million in tracked assets, including 93,965 ETH (about $224.04 million), 477,375 USDY (about $549,000) and 1.33 SOL (about $138). The transfers may be intended to obscure the funds’ trail.

Original source

AI take

The two-month dormancy followed by a Tornado Cash run is the tell: mixing is typically the laundering step that precedes dispersal, not the end of it, so the wallet's remaining ~$224 million in ETH is the real story. The presence of USDY alongside ETH shows the stolen book spans tokenized treasuries as well as native assets, which complicates recovery for issuers and compliance teams tracking the trail. Whether the mixer deposits continue at this pace, and whether the untouched ETH balance starts moving, is the open question worth watching.

Generated by AI for reference only.

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