๐จ๐จ #InfiniHack ๐จ๐จ
๐จ What is the current status of Infini's legal case in Hong Kong? ๐จ
๐ Legal Action Initiated: ๐ผ Christian Li, founder of Infini, confirmed that the company has officially filed a case in Hong Kong after a $49.5 million exploit. ๐๏ธ (๐ Source)
๐ Asset Recovery Efforts: ๐ฐ The stolen assets are now legally recognized as Infiniโs property, marking a major win in the case! โ
โ๏ธ Positive Legal Environment: ๐ฏ Li praised Hong Kongโs police ๐ฎโโ๏ธ for their swift action and the governmentโs openness to digital assets. ๐ญ๐ฐ (๐ Source)
๐ Regulatory Support: ๐ฆ Hong Kongโs legal system officially recognizes crypto as property, strengthening Infiniโs case for fund recovery. ๐
๐ก๏ธ Ongoing Investigations: ๐๏ธโ๐จ๏ธ Infini is closely monitoring transactions and is ready to freeze stolen funds at any moment. โ๏ธ (๐ Source)
๐ค Collaboration Over Conflict: ๐ดโโ ๏ธ Infini offered the hacker a deal ๐ธโreturn 80% of the stolen funds and keep 20% as a reward! โณ (๐ Source)
๐ Regulatory Landscape: ๐ Hong Kong is actively developing new laws ๐ข for stablecoin issuers, reinforcing crypto security. ๐ฅ (๐ Source)
๐ก Bottom Line: ๐ Hong Kong is proving to be crypto-friendly ๐ฆ while taking firm action against hacks ๐ฅโa win for Infini and digital assets worldwide! ๐