Circle Class Action Lawsuit Tied to Drift Protocol’s $280M Exploit
Circle is facing a class action lawsuit tied to the roughly $280 million Drift Protocol exploit and claims it failed to freeze stolen funds.
Crypto security alerts, scam investigations, exchange risks, wallet safety updates, and fraud prevention coverage.
Circle is facing a class action lawsuit tied to the roughly $280 million Drift Protocol exploit and claims it failed to freeze stolen funds.
CertiK says hackers minted 1 billion fake DOT tokens on Ethereum mainnet and sold them off. Here is what happened, why it matters, and the key risks for traders.
The FBI’s 2025 Internet Crime Report says US crypto scam losses hit $11.4 billion, up 22% year over year. Here’s what the data signals.
Blockchain investigator ZachXBT alleged that Circle recorded more than $420M in compliance failures since 2022. Here is what was claimed and why it matters.
X is responding to a surge in crypto scams and phishing activity, according to Head of Product Nikita Bier. Here is the key context and why it matters for users.
Ledger CTO Charles Guillemet reportedly said the Drift attack used the same method as the Bybit hack, with possible North Korean links under focus.
Drift’s reported $285 million loss raises fresh questions about DeFi security, user trust, and whether the bear market can withstand another major hack.
Tommy Shaughnessy and ZachXBT criticized Circle’s handling of USDC during the Drift exploit, raising fresh questions about issuer response and user trust.
Arkham Intelligence reveals activity tied to Clifton Collins’ 6,000 BTC trove, long assumed permanently inaccessible after the Irish drug dealer’s conviction.

BuzzFeed going concern warning follows a $57m 2025 loss and near-term debt maturities, underscoring liquidity risk and activist pressure on governance.

DOJ investigation into Binance, Iran sanctions evasion, U.S. sanctions compliance per reports tying IRGC-related flows to the exchange; 2023 monitorship cited.

CAPO misconfiguration caused an Aave oracle glitch that undervalued wstETH ~2.85%, driving $26M liquidations across 34 accounts; Chaos Labs/Aave DAO coverage.