Hong Kong-based payment platform Infini lost nearly $50M USDC on Feb 24. Initially reported as a hack, the project now accuses its own developer of stealing the funds by transferring them from a multi-signature wallet to his personal account. ๐
Infini also fears he may gamble away the stolen assets. ๐ฒ๐ธ
Another reminder to always secure admin privileges in crypto projects! ๐