Crypto

Wasabi Protocol drained of $4.5 million in apparent admin key compromise

The exploit used a playbook similar to Drift's $285 million breach earlier this month: a compromised deployer key with no timelock or multisig that drained funds.

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CoinDesk
April 30, 2026·1 min read
Wasabi Protocol drained of $4.5 million in apparent admin key compromise

Image: CoinDesk

The exploit used a playbook similar to Drift's $285 million breach earlier this month: a compromised deployer key with no timelock or multisig that drained funds.

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Wasabi Protocol drained of $4.5 million in apparent admin key compromise

Published by CoinDesk

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