Decentralized finance platform Drift confirmed that $280 million was withdrawn from the platform during a security incident that took place on Wednesday. 

The platform released a post-mortem on Wednesday night explaining that malicious actors gained access to Drift systems through a “novel attack” that involved the “rapid takeover” of the company’s security council administrative powers. 

“This was a highly sophisticated operation that appears to have involved multi-week preparation and staged execution,” the statement said. 

The incident affects all money deposited in the platform’s borrow and lend features as well as vault deposits and funds deposited for trading. 

The company denied that there is any bug in…