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Ethereum

Drift hack recovery faces hurdles as $61.5M enters Tornado Cash

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An address linked to the $295 million Drift Protocol heist in April deposited 25,700 Ether (ETH) into the Tornado Cash mixing service on Tuesday, continuing a laundering process investigators have traced back to a state-sponsored organization in North Korea. This is important for the thousands of Drift users who are yet to be paid. Two hours, 100 ETH at a time The deposits arrived over the course of about two hours, totaling around $61.56 million during the transfer, according to data from Arkham Intelligence. The wallet had been dormant for about two months prior to this sudden influx. As per Arkham’s transfer logs, the deposits were made in fixed amounts of 100 ETH ($237,800 each) and smaller chunks of 10 ETH.

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