Hacker Launders 75 Million Dollars

In April, the attackers who hacked Drift made their first major transfers. In the attack, where a total of 280 million dollars worth of cryptocurrency is believed to have been stolen, the hacker transferred 25,710 ETH from five wallets linked to them, sending it to Tornado Cash. The total value of these ETH was 63 million dollars. The ETH was sent in over 250 separate transactions that took more than two hours. Today, a second transfer occurred; 4,600 ETH worth 11 million dollars was transferred to Tornado Cash from another wallet. Thus, over 30,000 ETH, worth nearly 75 million dollars, has been sent to Tornado Cash for laundering in just two days. A large portion of the cryptocurrency stolen by the Drift hacker is still held in wallets linked to the attacker. According to Arkham, there is a total of 140 million dollars worth of cryptocurrency in the tracked wallets, approximately 138 million dollars of which is in ETH. However, considering that the total attack was 280 million dollars and the price of ETH has not changed significantly since April, it is assumed that about 65 million dollars worth of ETH may also be in other wallets.

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