Drift hack funds worth $285M swapped for ETH
April 02, 2026, 1:35 AM
Cryptocurrency worth $285 million stolen from the Drift protocol has been swapped for 129,000 ETH, valued at $278 million, EmberCN reported. Drift, a Solana-based decentralized perpetual futures exchange, was hacked on April 1. EmberCN added that the hackers sold the various stolen assets, transferred the funds to the Ethereum chain, and then purchased the ETH. The swapped assets are now being held across four separate addresses.
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