Crypto: The Drift Protocol Hacker Uses Tornado Cash to Launder $122 Million

This is the largest suspicious fund movement observed in the past two years. The hacker of Drift Protocol has just made over 520 transfers to the mixer Tornado Cash, injecting more than 122.3 million dollars in Ethereum. While the analytics firm Arkham traces the digital trail of this loot to the letter, the crypto sector’s reaction ranges between shock and resignation. The radars of the on-chain analytics firm Arkham Intelligence turned bright red. The crypto wallet identified as belonging to the hacker of Drift Protocol came out of its inertia to orchestrate a large-scale laundering operation .