American law firm Gibbs Mura launches class action investigation into Drift hacking incident

robot
Abstract generation in progress

ME News report: On April 8 (UTC+8), the U.S. law firm Gibbs Mura announced that it had launched an investigation into a class action regarding the security breach incident involving Drift Protocol that occurred on April 1, and called on Drift investors to contact the firm to seek recovery of their losses. In that incident, hackers stole approximately $280 million to $285 million in investor funds and transferred assets via Circle’s cross-chain transfer protocol. Gibbs Mura said it is reviewing potential claims against Circle Internet Financial, alleging that Circle did not intervene to freeze the stolen funds despite having the technical capability and operational precedent. The law firm stated that investors do not need to bear any financial risk; the firm will only deduct attorney fees and costs from the compensation after the case is won and the investors receive compensation. Nine days before April 8, Circle had frozen 16 unrelated business wallets in a civil case. (Source: PANews)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments