Justin Wu|4月 02, 2026 09:12
WTF!!
DRIFT PROTOCOL GOT DRAINED FOR $280M
this wasn’t some smart contract bug, this was straight up human failure
attacker played it smart social engineered multisig signers, got approvals on malicious txs that sat there for weeks then executed everything at once
within minutes:-- took admin control
– removed limits
– pushed malicious changes
– drained vaults (stables, ETH, BTC, SOL)
funds already bridged and converted into 129K ETH and scattered everywhere
DRIFT down 40% panic selling and liquidity exits hitting hard
some DeFi protocols already pausing due to exposure
this is the scary part about DeFi imo tbh
code can be secure but people are not
stay paranoid fams revoke approvals and don’t trust blindly(Justin Wu)
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