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Post #288 1
💀 Drift hack victims get their money back — 1 cent on the dollar, take it or cope

Six months after a North Korea-linked crew gutted Drift, the Solana perps DEX opened claims on Oct. 1 for DFX. The recovery pool started at $3.11 million against nearly $295.4 million in verified losses — redeem today and a verified $1,000 loss pays about $10.40. So take the penny, dump the token on the next guy, or sit tight and pray the big money actually shows up. Your call, but the math already made it for you.

▪️ Your claim is DFX: one token per verified USDT lost, supply capped forever at 299,500,810.998, redeemable at launch for 0.0104 USDT each.
▪️ Redemptions are final — no takebacks. You can also dump DFX on Raydium or hold it; the first Friday saw 216,480 DFX burned for about 2,250 USDT.
▪️ Tether pledged up to 127.5M USDT, partners another 20M, and Velocity (Drift, rebuilt) sweeps in daily net revenue. Its first sweep: 31 USDT. Thirty-one. Mark it.
▪️ The setup: a North Korea-linked crew spent months posing as a quant trading firm, then got Drift's Security Council to pre-sign transactions.
▪️ At ~16:05 UTC April 1 those signatures handed over admin control. They posted 500M of a junk token, CVT, priced near $1, and walked out with the real stuff.
▪️ Chainalysis: ~$285M gone — $159.3M JLP, $71.4M USDC — bridged to Ethereum in minutes. 130,259 ETH across four wallets, 23,094 ETH through Tornado Cash.

What's left to claw back is roughly $9.2M frozen elsewhere plus whatever Bybit's bounty drags in — it pays 10% of assets actually recovered, so the hunters get fed before you do. Unclaimed DFX gets burned after Jan 1, 2028, and if 10% of supply redeems out, the survivors split future deposits roughly 11% fatter. The mechanics reward whoever can wait the longest. Just don't confuse Velocity revenue and Tether's pledge with cash in the pool — Drift's own docs don't.


💬 «These figures illustrate the mechanics. They are not a projection or a promise.» — Drift claim portal documentation

🔮 Pool only grows, supply only shrinks, they swear. Ask anyone who ever queued for a recovery token how that movie usually ends.

@mxcenglish
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