$285M Drift hacker is moving funds again after months of silence

Ethereum wallet known as “Drift Exploiter 4” on Etherscan started transferring money associated with the hacking of Drift Protocol, amounting to $285 million in April. According to blockchain security company PeckShield, an address linked with the Drift exploiter sent out about $44.4 million in 23,095.1 ETH to Tornado Cash, with an additional transfer of 0.85 ETH to Bybit.

According to Etherscan transaction records, the wallet is identified as 0xbDdAE987FEe930910fCC5aa403D5688fB440561B and it is seen that the Tornado Cash deposits were segregated into several transactions. The address also belongs to Arkham Intelligence’s “Drift Protocol Exploiter” group which comprises nearly twenty wallets suspected of being involved with the exploit.

These transactions constitute the first significant movement of the stolen funds in the last four months and make another sizeable amount of illegal crypto available on the market. Although investigators have not made a conclusive attribution, multiple blockchain analytics companies have connected the operation with North Korean state-sponsored hackers or infrastructure utilized in prior operations carried out by the DPRK.

… Continue reading the full article at the original source below.