The U.S. law firm Gibbs Mura has launched a class-action lawsuit investigation into the Drift hacking incident.
CoinFeed reported on April 8th that, according to Business Wire, the US law firm Gibbs Mura announced a class-action lawsuit investigation into the security breach that occurred on April 1st at Drift Protocol, and urged Drift investors to contact the firm to seek compensation for their losses. In the incident, hackers stole approximately $280 million to $285 million in investor funds and transferred the assets through Circle's cross-chain transfer protocol. Gibbs Mura is reviewing potential claims by investors against Circle Internet Financial, alleging that Circle, despite having the technical capabilities and operational precedent, failed to intervene to freeze the stolen funds. The law firm stated that investors will not bear any financial risk; legal fees and costs will only be deducted from the compensation if the firm wins the case and receives compensation.