The Drift Protocol Hack: What Happened to the $295 Million, and Why Victims Are Only Getting Pennies Back
In April 2026, North Korea-linked hackers drained roughly $295 million from Solana's Drift Protocol using a fake collateral token and stolen multisig signatures. Six months later, recovery claims are paying about 1 cent per dollar lost, and the attackers just moved another $61-63 million into Tornado Cash. Here's the full timeline.