From Startup Fortune · · 1m 10s
Drift Hacker Moves $109 Million into Tornado Cash
North Korean-linked hacker laundered $109 million from Drift Protocol heist via Tornado Cash mixer this week.
In brief
North Korean-linked hacker laundered $109 million from Drift Protocol heist via Tornado Cash mixer this week. A North Korean state-linked group moved $109 million from stolen Drift Protocol funds into Tornado Cash mixer this week, with no recovery expected. Originally reported by Startup Fortune.
Hacker Moves $109 Million
A North Korea-linked hacker sent $109 million from stolen Drift Protocol funds into Tornado Cash mixer this week.
Stolen Funds Pattern
Wallets sent 44,510 ETH, worth $109 million, in batches of 100 ETH, 10 ETH, and 1 ETH over two days.
April Heist Details
Attackers drained $285 million from Drift Protocol in 12 minutes by posing as a trading firm and compromising developer machines.
North Korean Link
Mandiant tracks UNC4736, a North Korea-linked threat cluster, as AppleJeus or Citrine Sleet behind the hack.
Drift's Impact
Drift's total value locked dropped from $550 million to $255 million within 24 hours of the hack.
Laundering Strategy
Hacker spaced transfers over months to avoid detection, moving funds in small batches to evade exchange flags.
Current Balance
Exploiter still holds 56,569 ETH, worth $138 million, after laundering over $153 million through Tornado Cash.
The headline
A North Korean state-linked group moved $109 million from stolen Drift Protocol funds into Tornado Cash mixer this week, with no recovery expected.
