ME News reports that on May 1 (UTC+8), North Korean spies carried out one of the largest social engineering attacks against a crypto protocol, stealing $285 million after spending months meeting in person with Drift Protocol employees. According to TRM Labs data, North Korean hackers accounted for 76% of all crypto theft losses in 2026. (Source: ODAILY)
North Korean hackers steal $285 million from Drift Protocol through months-long social engineering attack
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Summary
North Korean hackers stole $285 million from Drift Protocol through a months-long social engineering campaign that included in-person meetings with staff. MetaEra reported the breach, while TRM Labs noted that North Korea was responsible for 76% of all cryptocurrency market hacking losses in 2026. The attack underscores ongoing risks in the crypto analysis and trading space.
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