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The Infini breach on February 24, 2025 was detected by blockchain security firm Cyvers, while Lookonchain reported how the attacker swiftly moved the stolen funds
Infini’s founder, Christian Li, admitted to a security oversight that enabled a February 2025 exploit, and assured full compensation for affected users.
The Infini hack in February 2025 was likely enabled by a former developer who retained admin privileges, allowing the exploit
Following the February 24, 2025, Infini hack, stablecoin issuer Circle was criticized for its delayed response in freezing the stolen USDC
Stablecoin-focused neobank Infini was hacked, leading to a $49.5M loss in USDC
The Infini hacker in Februaary 2025 used Tornado Cash to obfuscate their identity before exploiting a contract they had created in November 2024 to steal $49.52 million in USDC

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