Hack was a Private Key exploit Here is how the hacker did it: 🧵👇 Hacker gained access to Admin signer privileges Created a new collateral market for a worthless token (CVT) Jacked the Drift USDC limit from $25M to $500M Used CVT to borrow and drain assets from the protocol Two Drift multisig keys appear to have been compromised The ongoing Drift exploit has now reached $285M Got info from @SolanaFloor, follow them for more detailed information

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