BTC $79,240.82 +1.26%
ETH $2,509.98 +1.44%
BNB $753.44 -0.16%
XRP $1.44 +3.83%
SOL $104.54 +1.60%
TRX $0.3392 +0.39%
DOGE $0.0907 +1.66%
ADA $0.2212 +2.07%
BCH $259.19 +0.83%
LINK $12.51 -1.39%
HYPE $86.71 +3.35%
AAVE $129.74 -1.06%
SUI $0.8216 +0.57%
XLM $0.1902 +0.06%
ZEC $1,241.51 +10.59%
BTC $79,240.82 +1.26%
ETH $2,509.98 +1.44%
BNB $753.44 -0.16%
XRP $1.44 +3.83%
SOL $104.54 +1.60%
TRX $0.3392 +0.39%
DOGE $0.0907 +1.66%
ADA $0.2212 +2.07%
BCH $259.19 +0.83%
LINK $12.51 -1.39%
HYPE $86.71 +3.35%
AAVE $129.74 -1.06%
SUI $0.8216 +0.57%
XLM $0.1902 +0.06%
ZEC $1,241.51 +10.59%

Infini founder responds to the $50 million funding gap: I will cover $25 million to address withdrawal needs, while the remaining part will be resolved off-chain

2025-02-25 16:19:21

ChainCatcher message, regarding the community's concern about "how to resolve the $50 million stolen funds gap," Infini founder Christian responded in a post on platform X: "Currently, we are conducting a compliant USD OTC of $20 million, which should be credited over the weekend. Along with the existing $5 million already in the custody wallet, this is sufficient to meet all withdrawal demands and more. The remaining funds, about $20 million, are deposits from family, elders, and friends, and we have already communicated about this; it will be resolved directly off-chain."

app_icon
ChainCatcher Building the Web3 world with innovations.