Circle Faces Lawsuit Over $280M Drift Protocol Hack Freeze Failure

TLDR: Class action alleges Circle allowed USDC flows after Drift Protocol $280M exploit on Solana Filing claims attackers moved $230M via USDC and CCTP bridge without intervention for hours Drift Protocol halted trading after exploit while ecosystem actors froze portions of stolen assets Hackers routed funds from Solana to Ethereum, using bridges and swaps to [...]

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