Infini Takes Legal Action Following $50 Million Fund Loss

According to Odaily, Infini has issued a statement regarding the recent loss of $50 million, announcing that it has filed a lawsuit with the Hong Kong High Court and served court documents to the relevant blockchain addresses. The company has requested several legal measures: 1) an asset freeze order to prevent the involved parties from transferring or disposing of the funds; 2) a demand for the wallet controllers to disclose their identities to further trace the asset flow; 3) permission for service outside the jurisdiction to support legal actions across different jurisdictions. Infini explained that the fund outflow was due to an unauthorized transfer that bypassed multi-signature approval, caused by a vulnerability in permission management. In response, the company has restructured its contract permission framework, introduced third-party audits, and implemented an on-chain monitoring system to strengthen governance mechanisms and ensure the security of user assets. The platform emphasized that user funds remain unaffected, with all deposit, withdrawal, and payment card services operating normally.