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Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack

14 hours ago .

Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack

Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in April.

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  • Flow Capital plans to tokenize $150M private credit fund via DigiFT: Report
  • Tokenization doesn’t ‘magically’ fix illiquid assets: PBW 2026
  • Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
  • Naver-Dunamu filing sets IPO committee, listing timeline for fintech group
  • Study finds almost no crypto protocols disclose market-maker terms

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