Gibbs Mura launches a class-action investigation into the Drift theft incident, with the focus pointing to Circle’s failure to freeze funds

金色财经_ · 2026-04-08T17:08:53+00:00

Gibbs Mura Law Firm has launched a class-action investigation into the Drift Protocol theft, involving approximately $280 million to $285 million. The law firm believes that Circle did not freeze the stolen funds in a timely manner, is assessing whether victims can claim compensation, and is calling on users to participate in the lawsuit to recover the funds.

金色财经_

2026-04-08 17:08:53

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Golden Finance reports that on April 8, the U.S. law firm Gibbs Mura announced that it has officially launched an investigation into a class-action lawsuit regarding the Drift Protocol theft incident. The amount of funds involved is approximately $280 million to $285 million. It is understood that more than $230 million in USDC was transferred to Ethereum via Circle’s cross-chain transfer protocol (CCTP). Gibbs Mura believes that although Circle has the technical capability to freeze funds, it did not take any freezing action in this attack. The firm is currently assessing whether investors can file claims against Circle for allegedly “not intervening in a timely manner,” “insufficient monitoring,” and “failing to fulfill stablecoin responsibilities,” and it is urging affected users to join the lawsuit to help move forward with the recovery of funds.

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