The Solana-based DeFi Drift Protocol is said to be threatening.
In a series of tweets on X, the team behind the protocol he says is investigating unusual events.
“We are currently investigating. Please do not invest in this plan while we are investigating. This is not an April Fools joke. Be careful until we know more. We will let you know more from this account.”
According to the onchain analytics platform Lookonchain imagesthe scheme has been implemented, and over $270 million worth of crypto assets have been suspiciously transferred to the “HkGz4K” wallet. The user exchanges the stolen assets for USDC, then transfers it to Ethereum to buy ETH.
Lookonchain first announced that the attacker bought 19,913 ETH worth $42.6 million.
Updates show that the total has reached 38,820 ETH worth $82.6 million.
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