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Solana’s market performance has been poor, and token prices haven’t risen, making it easy for tensions to flare up 😂 Elemental’s founder harshly criticized Drift’s security failures, prompting a sharp rebuttal from ZachXBT, who pointed out: “You’re no better—you once hired North Korean engineers...” Elemental’s founder, @moothefarmer, claimed Drift Protocol’s security management “severely failed,” and that this incident has severely damaged trust across the entire DeFi ecosystem. But he was immediately called out by on-chain detective @zachxbt, who exposed that Elemental had previously hired IT engineers suspected of ties to North Korea—turning the situation into a full-blown community war. Elemental’s team has always taken a highly conservative approach to security: their system architecture and daily operations prioritize stability and safety, and even personally, Moo avoids high-risk activities like skydiving or bungee jumping due to the “key person risk” inherent in the crypto industry. Moo’s key points ⬇️⬇️ He highlighted that Drift uses a 2-of-5 multisig to manage massive assets, yet its signing devices allow unrestricted installation of third-party apps. As the protocol’s scale has grown, its security standards have failed to keep pace—unacceptably negligent for a DeFi protocol managing hundreds of millions of dollars. This incident has not only damaged Drift but dragged down the entire Solana DeFi ecosystem. For example, Kamino Finance’s Sentora vault saw approximately $220 million in withdrawals within a short time; Jupiter Exchange’s JLP liquidity pool shrank by roughly $160 million. ⚠️ The worst part? Moo received numerous user reports stating they’re planning to exit DeFi entirely and move their funds back into traditional banks. After the incident, Drift’s leadership largely avoided taking public responsibility. Co-founder Cindy Leow posted only a brief message saying it had been a difficult day for the team and thanking community support—but offered no clear apology or visible sense of accountability. 👉 You see others’ problems clearly—but what about Elemental’s? On-chain detective @zachxbt jumped in to counter: while criticizing other protocols’ security flaws, Moo “deliberately ignored” that Elemental itself once employed a suspected North Korean-linked IT engineer (@kasky53) for several years. He also listed multiple associated crypto addresses. If Elemental truly prioritized security, such an oversight should never have occurred.

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