Drift Foundation: Has frozen approximately $9.2 million in stolen funds, with 107,165 ETH remaining untransferred.
2026.09.30 22:32:25
The Drift Foundation has announced an update on fund recovery from the April 1 security incident, in which approximately $295.4 million in user assets was stolen. The foundation has hired Mandiant, zeroShadow, and SEAL 911 to conduct investigations and fund tracing, with Mandiant identifying the attacker as North Korean threat group UNC6862. The stolen funds were subsequently bridged to Ethereum, with roughly 130,259 ETH dispersed across four wallets. Three of these wallets have not seen any transfers to date, holding a combined 107,165 ETH; the remaining wallet transferred approximately 23,094 ETH to Tornado Cash on July 23. The foundation noted that around $9.2 million in stolen funds has been frozen so far; the relevant funds were moved via Tornado Cash in August, though their unfreezing and return will still require compliance with legal procedures. The Drift Foundation will transfer all assets recovered through freezing, bounties, or law enforcement channels to the DFX Recovery Pool, and is evaluating the future trajectory of the DRIFT token within the broader ecosystem. Additionally, the foundation has partnered with Bybit to launch a public bounty program, offering a 10% reward on successfully recovered funds.
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