Circle sued for not freezing $230M in stolen Drift USDC
April 18, 2026
Massachusetts class action alleges Circle had authority to halt stolen stablecoins but let attackers bridge $230M from Solana to Ethereum over eight hours.
Massachusetts class action alleges Circle had authority to halt stolen stablecoins but let attackers bridge $230M from Solana to Ethereum over eight hours.
The stablecoin issuer funds user recovery and flips Drift from USDC to USDT settlement on Solana
The ecosystem-wide security program introduces continuous monitoring and formal verification for protocols at risk.
Six-month social engineering campaign targeted team members at crypto conferences before attackers drained Solana’s largest perpetual futures exchange
A six-month social engineering operation drained $285 million from Solana’s largest perpetual futures exchange.
Attackers used Solana durable nonces and social engineering to drain funds, with blockchain analysts linking the exploit to North Korean hackers
Elliptic links the Solana exploit to North Korean hackers who used durable nonces to bypass multisig security
Solana’s largest perpetual futures DEX drained through oracle manipulation and durable nonce exploitation