Key Findings Drift Protocol, a Solana-based decentralized exchange, lost approximately $285 million on April 1, 2026 in a sophisticated social engineering attack Attackers exploited durable nonce mechanisms to obtain unauthorized multisig approvals and gain control of the Security Council administrative powers The attack involved multi-week preparation starting as early as March 23, 2026, with staged execution and pre-signed transactions Threat actors created a fictitious ass