On April Fool’s day, the decentralized platform Drift saw hundreds of millions of dollars drained from its accounts and, unfortunately, this was no joke. The company suffered a $280 million hack on Wednesday, and industry experts suspected that North Korea was behind it.
Drift, founded by Cindy Leow and David Lu in 2021, provides perpetual futures and other trading products to its users. The company had over $400 million in total deposits and more than $19 million in total trades, according to its website.
