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Drift Hack Victims Get Their Money Back, 1 Cent at a Time

News.Bitcoin.com
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Drift Hack Victims Get Their Money Back, 1 Cent at a Time

Drift victims can finally cash out six months after an April exploit left nearly $295.4 million in verified losses. Yet the numbers show just how long the road to restitution may be. The recovery pool opened with just $3.11 million, putting immediate redemptions at roughly 1 cent on the dollar. The rest of the rescue […]

Key Takeaways

  1. Drift victims can finally cash out six months after an April exploit left nearly $295.4 million in verified losses.
  2. Yet the numbers show just how long the road to restitution may be.
  3. The recovery pool opened with just $3.11 million, putting immediate redemptions at roughly 1 cent on the dollar.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.