Drift Victims Committee

Drift Protocol Victims Committee. Collective action against management negligence. Enforcing recovery.

[Drift Victims Committee @DriftVictims]

@duckskkk22 @solana @toly lol
Regulation = jailed CEO + users getting repaid. @DriftProtocol exploit = founder on a beach.
You're proving my point.

[Drift Victims Committee @DriftVictims]

2026 reality:

Rule #1: CEX safer than DEX

Rule #2: If you DEX, hard skip @Solana.

CEX hacked → make-or-break for owners. Rebuild or die.

Any sol protocol drained → @toly just shills the next one.

Your capital isn’t their R&D budget.
Paid shills don’t bleed. You do.

[Solana Sensei @SolanaSensei]

Who needs CEXs when Solana exists

In March 2026, the average trade on Solana's Prop AMMs cost 0.72 bps in fees.

Binance's cheapest tier for big institutions is 2.57 bps. Regular retail users? 10.57 bps.

You're literally paying less to trade onchain than on the world's biggest crypto exchange.

Prop AMMs pull live price data from offchain sources to quote you fairer prices in real time and in Q1 2026, over half of all Solana DEX volume ran through Prop AMMs that's up from 45% just last quarter.

Whatever you want on solana, you can get for wayyy less.

TLDR: Trade on Solana.

[Drift Victims Committee @DriftVictims]

@ExWhyyyyy @solana @toly exactly

[The White Whale @WhiteWhaleLabs]

It’s time for a lawsuit.

I know that will be unpopular. I know people will immediately scream that lawsuits are bad for crypto, bad for innovation, bad for DeFi, bad for builders, etc.

But at some point we have to be honest about what is actually happening here.

Every few days another protocol gets exploited. Another group of users gets drained. Another team posts the same sterile apology. Another “full postmortem coming soon”

And somehow the operators just get away with negligence.

No real consequences, no accountability.

No real answer for why the thing they built, marketed, controlled, upgraded, and profited from failed the people who trusted it.

They hide behind one word.

DeFi.

As if saying “decentralized” is enough make them blameless.

It isn’t.

A protocol is not decentralized just because it may be permissionless.

The legal standard is much simpler.

The 2026 SEC March 17th interpretive release says a system is "decentralized" if it "functions and operates autonomously with no person, entity, or group of persons or entities having operational, economic, or voting control of the crypto system."

In other words, the protocol continues to function even if all team members disappear tomorrow.

Because if there is a real team making real decisions, managing real infrastructure, collecting real revenue, and asking real people to trust them with real money, then they do not get to claim they are “decentralized” when trouble strikes.

Too many protocols operate like companies when they are raising money, marketing the product, chasing TVL, negotiating partnerships, collecting fees, and controlling upgrades.

Then the second something breaks, suddenly they are just humble contributors to an unstoppable autonomous protocol.

No.

You do not get the control of an operator, the upside of a business, and the legal responsibility of a DeFi protocol.

If something is truly autonomous, truly permissionless, truly outside the control of any identifiable group, then fine. That is a different conversation.

But most of what gets called DeFi today is not that.

It is a small group of people with admin keys, revenue, influence, and control, hiding behind the banner of decentralization.

And the space keeps letting them get away with it because CT has the memory of a goldfish.

That cycle only ends when consequences exist that will scare operators into better behavior.

So yes, I think it is time for a lawsuit.

🫡 From the depths —
The White Whale 🐋

[Drift Victims Committee @DriftVictims]

@LibertySwapFi @ZBZB1993 @toly @PhoenixTrade @DriftProtocol web3 #1 rule: never touch any contracts on @Solana

[Drift Victims Committee @DriftVictims]

@Astralnaut369 @toly @chameleon_jeff @HyperliquidPC @PhoenixTrade @solana @DriftProtocol @griffaindotcom 💯

[Drift Victims Committee @DriftVictims]

The way @aave handles this makes you question the reality of what devoted @Solana users are experiencing over at @DriftProtocol. 🤯

Completely opposite standards.
Zero panic. Daily transparency.

Massive respect to the @aave team.
This is how real reliability is built.👏

[Aave @aave]

The first tranche of rsETH has been transferred into the LayerZero OFT adapter, and rsETH bridging between mainnet and L2s is back open.

[Drift Victims Committee @DriftVictims]

@DanHar_22 @thecryptect @jussy_world @DriftProtocol @aave has simply demonstrated with absolute clarity which ecosystem defi users should choose

[Drift Victims Committee @DriftVictims]

exactly (

[Dougline @dougline123]

@thetinyant @perps @DriftProtocol They(@SolanaFndn @solana )threw us away like trash... As long as we were interacting with the @DriftProtocol protocol, we were useful... After the hack, they discard the contributors and start new narratives

[Drift Victims Committee @DriftVictims]

@Doonhamer_ Spot on

[Drift Victims Committee @DriftVictims]

@BreugelFrederik @DriftFDN Cartel dealers asking the WHO for a health grant have better odds than @DriftProtocol mfers begging for a DeFi safety fund

[Drift Victims Committee @DriftVictims]

@EspElement @DriftProtocol @SolanaFndn @aave https://t.co/4tdYRtieL4

Do you see any "incredible support" in the drift recovery pool rn? It’s just the leftover dust.

[Stani @StaniKulechov]

@calilyliu This incredible support from the Solana ecosystem to support DeFi United. Appreciate it 🙏

[Drift Victims Committee @DriftVictims]

1/4 Masks are off.
Even the most loyal @DriftProtocol users now see the reality.

History didn’t help us predict this. Why?
Because objective data is often scattered and buried under paid narratives.

If Drift & @SolanaFndn bet on victims' silence - they’re wrong... 🧵👇

[Drift Victims Committee @DriftVictims]

@EspElement @DriftProtocol @SolanaFndn Didn’t they rush to capitalize on the @aave & defi united hype, yet left their own users with a pathetic $3.8M seed?
Likely waiting for users to capitulate, so they can step in later for cheap PR and glory.

[Drift Victims Committee @DriftVictims]

4/4 A textbook case on how to torch years of reputation.

@DriftProtocol can’t hide what’s now in plain sight.
@SolanaFndn can tweet all the self-praise it wants, but the stain of betraying users stays on the entire ecosystem

If you’re not with us yet - join the fight👊

@aave

[Drift Victims Committee @DriftVictims]

3/4 Recovery tokens?
iFinex/Tether 2016 playbook.

Except the "savior" is cautious now - they won’t inject cash until they’re sure @cindyleowtt & co aren’t jailed before token launch.

We’re monitoring this closely.
Any manipulation or attempt to dodge liability will be exposed

[Drift Victims Committee @DriftVictims]

@Michael39112254 @DriftProtocol agreed!

[Drift Victims Committee @DriftVictims]

@DriftProtocol time to unite for a inevitable, crushing blow.👊

[Drift Victims Committee @DriftVictims]

@yodabasecoin @DriftProtocol Sure! We are ready.
@DriftProtocol knows exactly what’s coming if they choose the wrong path.
They still have a chance to do the right thing.

You can join here:
https://t.co/ssl5ha0hKu

[Drift Victims Committee @DriftVictims]

One month from incident

Huge thanks to everyone who filed reports with the FBI (IC3)

This is how we get answers. Pressure works.

Haven’t filed yet?
Use the community handbook and make @DriftProtocol talk

The most interesting part is yet to come...⚖️

https://t.co/g3GI8I8RBM