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Hacking & intrusion

Massive crypto theft in hack of DeFi platform Drift

First reported · Last reported · 14 related reports

Crypto assets were stolen from Drift, a Solana-based DeFi platform, and deposits and withdrawals were suspended. Drift confirmed $280 million in stolen funds, while a separate tally put the losses at $285 million. The attack was attributed to a six-month social engineering operation linked to North Korea, and Tether subsequently moved to support customer repayments and the resumption of services.

Key facts

Affected organization
Drift
Incident type
Hacking & intrusion
Occurred / detected
Not confirmed
Scale of damage
$280 million in crypto assets confirmed stolen; a separate tally of $285 million also exists
Cause / method
Attributed to a six-month social engineering operation by North Korea-linked actors
Location
Other countries

If your data was exposed

Exposed dataCrypto assets

  1. Check login and withdrawal history in your exchange app, and turn on withdrawal address whitelisting and withdrawal delays.

Timeline

  1. Drift suspended deposits and withdrawals after crypto assets were stolen in a hack.
  2. Drift confirmed $280 million in stolen funds.
  3. Drift faced backlash after proposing an airdrop plan.
  4. The attack was attributed to a six-month social engineering operation linked to North Korea.
  5. Tether stepped in with funding to support Drift's customer repayments and the resumption of services.

14 related reports

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organization’s official statements for accurate details.