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HYPE $85.27 -3.19%
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SUI $0.8087 +1.72%
XLM $0.1911 +3.77%
ZEC $1,150.17 -2.13%

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."

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