Drift Foundation Updates Users on April 1 Hack Recovery Efforts
- —The April 1, 2026 hack wiped out 50% of Drift Protocol's TVL
- —The attack was attributed to North Korean group UNC6862
- —About $9.2 million of stolen funds frozen in transit
- —Total user losses estimated at roughly $295 million
Why it matters: Recovery efforts will determine payouts to affected users and test whether asset freezes can work against North Korean hackers.
Source: Coin Edition