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Infini hacked in $50M exploit
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Following the incident, Infini founder Christian Li committed to active investigations. He also articulated that user withdrawals remain unaffected, emphasizing full compensation even in the worst-case scenario.
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Reportedly, the attacker was originally involved in developing the contract for the Infini project. However, after delivering the project, they secretly retained admin rights. Over 100 days later, the attacker funded their address through the Tornado Cash mixing service, sent a small ETH transaction for gas, and exploited the contract, draining all funds from the platform.
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