Drift Outlines Recovery Plan After $295.4M DPRK-Linked Exploit

Drift outlined a recovery plan for users after its $295.4 million April 1 exploit. The plan would issue recovery tokens tied to verified losses and start a pool with about $3.8 million that could grow to roughly $151 million from revenue, Tether support and partners. Drift said it aims to relaunch in the second quarter with tighter security controls.

DRIFT-2.04%
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