PANews reported on April 2nd that Loopscale stated on its X platform that most of its products (including USDC Genesis and USDC OnRe vaults) were not directly affected by the Drift event and that funds are safe. Approximately $170,000 in deposits in the SOL Genesis vault are held in MarginFi, a small portion of which may have indirect exposure through collateralized Drift positions held by Project 0 borrowers. Loopscale will fully compensate affected users for any losses incurred.