DeFiâ–Ľ Bearish
Drift hacker moves $61M in ETH to Tornado Cash and keeps $194M
TradingGain Newsroom··20 Oct 2026, 12:38 UTCThe person behind the April 1 Drift hack sent $61 million in ETH to Tornado Cash and still holds $194 million. The hack caused about $295 million in losses. A Mandiant investigation later linked the attack to a North Korean threat group, which may make traders more cautious about security risks.
Why it matters
- The April 1 hack caused about $295 million in losses, a large sum for traders to consider.
- Part of the exploiter's ETH, $61 million, was sent to Tornado Cash.
- A Mandiant investigation linked the attack to a North Korean threat group.
What to watch next
Watch for any movement of the remaining $194 million in ETH and any further findings from the Mandiant investigation.
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This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗