Infini recently faced a significant setback, losing $50 million, leading the company to take legal action. The Hong Kong-based firm has initiated a lawsuit in the Hong Kong High Court, taking steps to address the situation by serving court documents to the blockchain addresses involved. Their legal actions include requesting an asset freeze order to prevent fund transfers, demanding wallet controllers reveal their identities for asset tracing, and seeking permission for legal processes across various jurisdictions.
Legal Measures Taken by Infini
In response to the substantial loss, Infini has proactively pursued legal avenues to address the matter effectively. The company’s actions are aimed at safeguarding its interests and potentially recovering the lost funds through legal recourse.
Asset Freeze Request
One of the primary legal measures sought by Infini is an asset freeze order. This order is crucial in preventing any further movement or disposal of the funds in question. By securing this freeze, Infini aims to halt any unauthorized transfers and protect its financial assets.
Identity Disclosure Demand
Additionally, Infini has requested the wallet controllers linked to the lost funds to disclose their identities. This step is pivotal in tracing the flow of assets and potentially identifying those responsible for the substantial financial loss incurred by the company.
Cross-Jurisdictional Legal Support
Recognizing the importance of comprehensive legal action, Infini has sought permission for service outside the jurisdiction. This request is essential for enabling the company to pursue legal remedies in multiple jurisdictions, ensuring that those involved in the fund loss are held accountable across different legal landscapes.
In light of these legal developments, Infini remains steadfast in its pursuit of justice and financial recovery following the significant fund loss it has experienced. The company’s proactive approach underscores its commitment to addressing the situation through legal channels effectively.
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