Drift Foundation Updates Users on April 1 Hack Recovery Efforts

• Drift Protocol lost approximately half of its TVL to hackers on April 1, 2026.
• Mandiant identified North Korean threat group UNC6862 as being behind the hack.
• Drift Foundation has frozen approximately $9.2 million of the stolen funds in transit.

Drift Foundation has released an update on the April 1, 2026, Drift Protocol hack, describing the state of affairs and efforts to recover approximately $295 million taken from users. According to the group, efforts are ongoing to track, trace, and recover stolen funds. The foundation assured users that recovered funds will be directed to the DFX recovery pool, regardless of the recovery route, through a freeze, a bounty, or law enforcement.

The April 1 incident wiped out 50% of Drift Protocol’s Total Value Locked (TVL). Shortly after the exploit, security firms, including TRM Labs and Mandiant, attributed the hack to UNC4…

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