Drift Protocol Hacker Moves $61M in Ethereum to Tornado Cash
The exploiter behind the recent Drift Protocol hack has transferred $61M in Ethereum through Tornado Cash, raising security and regulatory concerns.
The exploiter behind the recent Drift Protocol hack has transferred $61M in Ethereum through Tornado Cash, raising security and regulatory concerns. Ethereum (ETH) is trading at ₹2,26,904 ($2,387.14). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Tue, 20 Oct 2026 11:45:01 UTC.
The massive fund movement highlights vulnerabilities in decentralized finance protocols and the challenges of tracing illicit transactions through privacy tools like Tornado Cash, which could prompt increased regulatory scrutiny.
- Drift Protocol exploiter transfers $61M in ETH to Tornado Cash.
- Drift TVL drops 3.2% to $289.32M post-exploit.
- Tornado Cash TVL remains stable at $735.95M.
- Whale Moves $89.5M from Bitcoin to Ethereum Amid Market Shifts
- Drift Protocol Hacker Moves $61M in Ethereum to Tornado Cash — this brief
The exploiter responsible for the recent Drift Protocol hack has transferred $61 million worth of 
Ethereum to Tornado Cash, according to on-chain data. This development comes after the protocol suffered an exploit, which has not yet been fully detailed.
Drift Protocol's total value locked (TVL) has declined by 3.2% over the past week to $289.32 million, according to DeFiLlama, reflecting the impact of the security breach. In contrast, Tornado Cash's TVL has remained relatively stable, currently at $735.95 million, indicating continued usage despite regulatory pressures.
The transfer of such a large sum to Tornado Cash raises significant concerns about the effectiveness of current anti-money laundering measures in the decentralized finance space. Tornado Cash, known for its privacy features, makes it difficult to trace the movement of funds, which could complicate efforts to recover the stolen assets.
The broader crypto market remains relatively stable, with a total market cap of $2.79 trillion. However, Ethereum, the platform on which Drift Protocol operates, has seen a 1.43% drop in price over the past 24 hours, currently trading at $2386.14. This decline may be partly attributed to the negative sentiment surrounding the exploit.
The incident highlights the ongoing challenges of security and regulation in the DeFi sector. As hackers continue to exploit vulnerabilities, it remains to be seen how regulators will respond and whether increased scrutiny will lead to more robust security measures.
Since this brief published about 40 minutes ago, Ethereum (ETH) has moved from ₹2,26,808.60$2,386.14 to ₹2,26,903.65$2,387.14 — +0.04%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹247,653.84 (about $2,387.14), down 1.3% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 20, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Drift Protocol Hacker Moves $61M in Ethereum to Tornado Cash — questions & answers
How much money was stolen in the Drift Protocol hack?
The exploiter moved $61 million in Ethereum to Tornado Cash.
What is Tornado Cash?
Tornado Cash is a privacy-focused platform that makes it difficult to trace cryptocurrency transactions.
How has the hack affected Drift Protocol's TVL?
Drift Protocol's TVL has decreased by 3.2% to $289.32 million.
How much is 1 Ethereum worth in rupee today?
About ₹247,653.84 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,387.14. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.