Drift Protocol Exploiter Moves $32M in Ethereum After Two Months
The Drift Protocol exploiter has transferred at least 13.4K Ethereum to Tornado Cash after two months of inactivity.
The exploiter behind the Drift Protocol has renewed activity after a two-month hiatus, transferring at least 13,400 $Ethereum (ETH), valued at approximately $32 million, to the privacy mixer Tornado Cash. According to Moomoo, the transaction appears aimed at obscuring the trail of the stolen funds.
Despite the substantial transfer, the exploiter still maintains holdings of $224.59 million across various addresses. The movement of funds through privacy protocols like Tornado Cash is a common technique used by bad actors to break the on-chain traceability of illicitly obtained digital assets.
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Key facts
- The Drift Protocol exploiter transferred at least 13.4K $Ethereum (ETH) to Tornado Cash.
- The transferred assets are valued at approximately $32 million.
- The exploiter still holds $224.59 million across their addresses after the transfer.
Source: news.google.com
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