Ruslan Rashidovich

@johncarl_x @DriftProtocol That wouldn't be a bad thing. But they won't give us that opportunity

@DriftProtocol I just want to be able to use it as collateral on the Drift relaunch (relative to whatever its current value is)... that way I can be active on the platform while I wait for the recovery value to increase. Let us trade again!

Clarification: Users are able to redeem at any time after redemption opens; however, early redemption occurs at a discount to the full claim value as users receive a pro-rata share of the current pool. Holders who wait may benefit from a higher recovery price as the pool continues to grow.

@DriftProtocol @cindyleowtt Drift is finished. There is no real path back. Users will not be made whole with this garbage recovery plan. They barely have any liquid assets left. Around $6M against hundreds of millions in losses. We need to push back together.

@DriftProtocol In other words, victims get nothing. And the Drift team that caused this takes no real loss. You are wrong if you think you can walk away from this easily. @cindyleowtt

We told our community we would find a path to recovery. This is that path. Today’s update covers: how users will be compensated and how the exchange is being rebuilt.

@DriftProtocol This project is dead. No chance. We will never get full compensation. The plan is dogshit. They have almost no liquid assets left. All they have is around $6M. Join the fight.

@DriftProtocol Drift victims will likely never be fully compensated. The “recovery plan” is just an unsecured token with no real liquidity behind it. The project may stay barely alive only to avoid liability. This is not real recovery.

@DriftProtocol I do not agree with your terms. I refuse to finance Drift and your mistakes. You are scammers. There is no trust in you.

@MaxSolana24 @DriftProtocol You probably did not understand that they are not planning to return the money.

@DriftProtocol Stupid mechanism! I proposed a better one, unfortunately, you never read it: x.com/MaxSolana24/st…

@SolanaFloor @DriftProtocol Drift didn't say that. Users will not receive anything. 5 cents on the dollar

🚨JUST IN: @DriftProtocol says affected users from its $295M DPRK linked exploit will receive transferable SPL recovery tokens, with each token representing $1 of verified loss. At launch, the recovery pool will be seeded with about $3.8M in remaining protocol assets and later funded by exchange revenue, up to $127.5M from Tether and up to $20M from partners.

@DriftProtocol @DriftProtocol you scammers Drift, you claimed this was DeFi. In reality, you controlled user funds without DAO. Now you push the losses onto users. This is not acceptable.

@DriftProtocol DAO? Where was the DAO when you approved 2 of 5 multisig? Where was the DAO when that decision was made? And why is only 3.8M going into the recovery pool?

@seeexbt Proof?

while everyone is out there complaining about the markets, there is a 19 yr old guy using claude ai to deploy memecoins on solana he has made over $1M every single month this year and already made over $105k this May. he is up $4.2M this year and doesn’t look like he is stopping anytime soon. proof in image below 👇 👇

1/3 📗 The @DriftProtocol Victim Handbook is live. A centralized hub to turn individual losses into collective legal strategy. Inside: ✅ Step-by-step Reporting Guides ✅ Incident Blueprints ✅ Anti-Scam Protocol 👇 github.com/DriftVictimsCo…

@Yot_Sangnil @DriftProtocol @tether @cindyleowtt We are currently working on it

@ruslanpersian @DriftProtocol @tether @cindyleowtt We should sue Drift !

Today, Drift is announcing a collaboration with @tether and other partners totaling up to nearly $150 million to support our commitment to a relaunch with USDT at the center, and a path to user recovery. These funds encompass a $100M revenue-linked credit facility, an ecosystem grant, and loans to market makers, designed to fund a dedicated user recovery pool. Learn more 👇

So your “solution” is a recovery token? You froze user funds, and now you turn users into creditors hoping your protocol survives. No timelines. No guarantees. You shifted the risk from your failure back onto users. This is not recovery. @DriftProtocol @cindyleowtt #DeFi

@cindyleowtt @DriftProtocol @tether Saying does not mean doing. First, return the money to the victims

Today marks a new chapter for @DriftProtocol x @tether, built on resilience and trust. We will be coming back stronger than ever, and giving our 110% every time.

@DriftProtocol @tether Recovery token? It will take a long time to return

That's how a real team should behave. Isn't that right, Drift? Oh, I forgot, you're incompetent impostors. @DriftProtocol @cindyleowtt @davijlu #defi #solana #web3

@Yot_Sangnil @DriftProtocol @cindyleowtt I think this project is dead. But I do not want them to think this will go without consequences. I lost a lot of money. I do not mind spending more and paying lawyers.

@ruslanpersian @DriftProtocol @cindyleowtt I'm with you on this. They bought expensive sport cars and houses while users suffer. We must find them and seek justice.

Interim Update We recognize the impact this has had across our users and the builders who have integrated with us - many of whom rely on Drift as core infrastructure. We’re actively working on next steps and will share more once details are finalized.

@DriftProtocol I think it is time for affected users to come together and file a class action. Let lawyers deal with this if Drift still cannot find the time to give people a real plan. If they do not want to do this the right way, then it will go the hard way. @cindyleowtt #Drift #DeFi