Fake Token Hijacks Solana's Drift Governance — $285M Gone in 12 Minutes
DeFi expected smart contract carnage. Instead, a phony token and tricked signers let hackers siphon $285M from Solana's Drift Protocol in minutes. Governance just became the new battlefield.
⚡ Key Takeaways
- Governance and social engineering, not code bugs, enabled the $285M Drift heist.
- Likely North Korean attackers used fake token CVT to fool oracles and multisig signers.
- This hack predicts AI-driven governance tools as DeFi's next evolution.
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Originally reported by Hacker News
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