# drift

#DRIFT Why can I still use 50x leverage on this coin when the maximum is clearly only 10x now?

#DRIFT This thing just consumes fees, and the prices vary across major exchanges, ranging from 0.026 to 0.075.

#DRIFT feels sinister; I sense it's a carefully orchestrated scheme to harvest.

🍿 #DRIFT American law firm Gibbs Mura announced the start of an investigation into a possible class-action lawsuit related to the Drift Protocol hack. The investigation will focus on whether Circle took timely measures to freeze the funds. The firm stated that it is currently gathering information from affected investors and assessing the feasibility of filing a lawsuit against Circle for failure to take action to prevent the loss of funds.
#DRIFT pumped over 100% on the news. Since morning, it has been topping the charts for spot and futures purchases on all CEXs. Notably, large purchases on

#drift #usdc
The co-founder of Delphi Digital criticized Circle for not freezing the USDC associated with the Drift hack.
According to him, Circle has centralized mechanisms for blocking, but transactions with these funds were not halted.
➤ On-chain detective ZachXBT also called the company's reaction slow. According to him, within a few hours, millions of dollars were transferred from the Solana network to Ethereum via CCTP without any restrictions.
Meanwhile, just a few days ago, Circle blocked 16 hot wallets belonging to various business projects, and their unblocking is still proceeding v