Drift Protocol hacker sends $61.5M in ETH to Tornado Cash

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ETH news: On October 20, the hacker responsible for the April 2026 Drift Protocol exploit transferred 25,700 ETH ($61.5M) to Tornado Cash within two hours. Lookonchain shows the attacker still holds 81,864 ETH ($195M). Onchain Lens reported a separate $32M ETH transfer, with the attacker retaining $224.5M across tracked wallets. The attack exploited a Solana vulnerability to mint a counterfeit token, draining $285M in assets. ETH update: The ongoing movements underscore continued on-chain activity from the exploit.


On October 20, the hacker transferred 25,700 ETH, worth approximately $61.5 million, to Tornado Cash. The transfers lasted for two hours. According to Lookonchain, an additional 81,864 ETH, valued at $195 million, remain on addresses controlled by the attacker.


Analysts at Onchain Lens observed the movement of 13,400 ETH worth $32 million. At that time, the attacker still held assets valued at $224.5 million. Discrepancies among analysts on different platforms can be attributed to their tracking of different addresses, making it difficult to determine the total amount of funds remaining with the attacker. The fact that ETH was moved to Tornado Cash does not confirm that the assets will be cashed out, sold on an exchange, or transferred to a third party.


On April 1, a hacker attacked the Drift protocol. Chainalysis estimated the loss at $285 million—more than half of the protocol’s total value locked (TVL).


An attacker exploited a vulnerability related to Solana’s durable nonce feature, which allows pre-signed transactions to remain valid until execution. After obtaining the required number of signatures, the attacker gained administrative control and added a counterfeit token, CarbonVote Token (CVT), as collateral. According to Chainalysis, the attacker simulated trading activity around CVT to fabricate a false price history. The attacker then used this token as collateral to withdraw real crypto assets.


The hacker who stole funds from Drift Protocol started withdrawing them through Tornado Cash as early as July, in fixed transactions of 100 ETH. According to Onchain Lens, the total loss from hacks of crypto projects in the first six months of this year amounted to $1.32 billion.


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