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BREAKING: The $285 million Drift hack not only dealt a blow to the protocol but also thrust Circle into the spotlight.
The discussion now centers not only on the attacker but also on whether the USDC issuer could have acted more quickly to freeze the stolen funds without violating legal limits.
The attacker stole approximately $71 million worth of USDC and then moved around $232 million from Solana to Ethereum using CCTP.