INFINIT (@Infinit_Labs): We want to share an update on the irregular $IN price movement and address any concerns about platform security directly.

We want to share an update on the irregular $IN price movement and address any concerns about platform security directly. The INFINIT platform and $IN token were NOT compromised in any way. This was not a hack, exploit, or security breach. All funds are safe. We have identified a wallet transferring tokens from Bitget and Gate to 0xd4608925F747709fc0c2b051aeDdd028cdcFeF4B, bridged the tokens from Ethereum to BNB Chain, and sold on Pancakeswap. - These are the token transfers from Bitget and Gate https://etherscan.io/address/0xd4608925F747709fc0c2b051aeDdd028cdcFeF4B#tokentxns - Then the wallet on Ethereum bridged the tokens to the BNB Chain. This is the source bridge on Ethereum: https://etherscan.io/tx/0x1bfe07f7ce819295d64e93fc6772d453fed9540a12632eec350d393ed5017f27 - ~9m tokens got burned on Jun-30-2026 07:32:23 PM +UTC on Ethereum side - Then equivalent number of tokens were minted on BNB Chain side on Jun-30-2026 07:35:37 PM +UTC (~3 min later) https://bscscan.com/tx/0x8d4a72ce9e2f6dea1e9cfc9ff5c19e8d45bf6f4033fcea9739e2409efa3264f2 - This is the LZ bridge info: https://layerzeroscan.com/tx/0x8d4a72ce9e2f6dea1e9cfc9ff5c19e8d45bf6f4033fcea9739e2409efa3264f2 - Then the wallet sold the tokens abruptly to the market, as shown in many Pancakeswap swap transactions https://bscscan.com/address/0xd4608925F747709fc0c2b051aeDdd028cdcFeF4B The INFINIT platform and $IN token are safe. Although this is a market integrity issue, not a platform security issue, we take it extremely seriously. And we are actively working with relevant exchanges to pursue accountability. Thank you for your continued support.