๐Ÿšจ๐Ÿšจ #InfiniHack ๐Ÿšจ๐Ÿšจ

๐Ÿšจ What is the current status of Infini's legal case in Hong Kong? ๐Ÿšจ

๐Ÿš€ Legal Action Initiated: ๐Ÿ’ผ Christian Li, founder of Infini, confirmed that the company has officially filed a case in Hong Kong after a $49.5 million exploit. ๐Ÿ›๏ธ (๐Ÿ”— Source)

๐Ÿ” Asset Recovery Efforts: ๐Ÿ’ฐ The stolen assets are now legally recognized as Infiniโ€™s property, marking a major win in the case! โœ…

โš–๏ธ Positive Legal Environment: ๐ŸŽฏ Li praised Hong Kongโ€™s police ๐Ÿ‘ฎโ€โ™‚๏ธ for their swift action and the governmentโ€™s openness to digital assets. ๐Ÿ‡ญ๐Ÿ‡ฐ (๐Ÿ”— Source)

๐Ÿ”’ Regulatory Support: ๐Ÿฆ Hong Kongโ€™s legal system officially recognizes crypto as property, strengthening Infiniโ€™s case for fund recovery. ๐Ÿ”—

๐Ÿ›ก๏ธ Ongoing Investigations: ๐Ÿ‘๏ธโ€๐Ÿ—จ๏ธ Infini is closely monitoring transactions and is ready to freeze stolen funds at any moment. โ„๏ธ (๐Ÿ”— Source)

๐Ÿค Collaboration Over Conflict: ๐Ÿดโ€โ˜ ๏ธ Infini offered the hacker a deal ๐Ÿ’ธโ€”return 80% of the stolen funds and keep 20% as a reward! โณ (๐Ÿ”— Source)

๐ŸŒ Regulatory Landscape: ๐Ÿ“œ Hong Kong is actively developing new laws ๐Ÿ“ข for stablecoin issuers, reinforcing crypto security. ๐Ÿ”ฅ (๐Ÿ”— Source)

๐Ÿ’ก Bottom Line: ๐Ÿš€ Hong Kong is proving to be crypto-friendly ๐Ÿฆ while taking firm action against hacks ๐Ÿ”ฅโ€”a win for Infini and digital assets worldwide! ๐ŸŒ