Drift Protocol's $280M hack could amount to civil negligence, crypto attorney says
Crypto attorney Ariel Givner said the $280 million exploit of Solana-based DeFi platform Drift Protocol was likely preventable using standard operational security controls and could rise to the level of civil negligence, ME News reported April 6 (UTC+8).
Givner pointed to what she described as lapses in basic security practices, including not keeping signing keys on physically isolated systems and insufficient due diligence on blockchain developers met at industry conferences.
Drift said on X that the attacker planned the operation for six months and first approached the team in October 2025 at a major crypto conference. The attacker later gained trust and compromised developers' devices using malicious links and malware.
Drift added it has medium-to-high confidence the same group was behind the October 2024 attack on Radiant Capital. Ads are now circulating for class-action lawsuits targeting Drift Protocol. (Source: ODAILY)