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$295M stolen in Drift Foundation hack; $9.2M frozen, attacker linked to North Korea

Market News
30 Sep 2026
Tokenpost
View Source
Bearish
$295M stolen in Drift Foundation hack; $9.2M frozen, attacker linked to North Korea

Drift Foundation reported a $295 million theft of user assets on April 1, involving about 107,200 ETH still unmoved in three wallets. The stolen funds were bridged to Ethereum, with 130,300 ETH spread across four wallets; one wallet moved 23,100 ETH to Tornado Cash in July. Security firms identified the attacker as North Korean group UNC6862, and $9.2 million of stolen assets have been frozen pending legal action. Drift plans to transfer recovered funds to its DFX recovery pool and has launched a bounty program with Bybit to recover more assets.

The Drift Foundation's $295 million theft report provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Sep 30, 2026 21:02 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell. Notable movers include AVAX at Rp198.505 with a 1-day change of -5.19% and a typical hold time of 87 days, ALGO at Rp2.233 down 5.10% with 129 days hold, and LINK at Rp259.835 down 4.55% with 63 days hold. Pluang order activity shows AVAX favored 68% buy, ALGO 53% buy, and LINK 71% sell.

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