Gate News message: On April 9, the U.S. law firm Gibbs Mura announced that it has officially launched an investigation into a class-action lawsuit concerning the theft incident involving Drift Protocol. The amount of funds involved is approximately $280 million to $285 million. It is reported that more than $230 million in USDC was transferred to Ethereum through Circle’s cross-chain transfer protocol (CCTP). Gibbs Mura said that although Circle has the technical capability to freeze funds, it did not take any freezing action in this attack. The law firm is currently evaluating whether investors may bring claims against Circle for issues such as “failure to intervene in a timely manner,” “insufficient monitoring,” and “failure to fulfill the stablecoin issuer’s responsibilities,” and it is urging affected users to participate in the lawsuit to help move forward with the recovery of funds.
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