Infini accuses its engineers of gambling addiction, which could result in theft of $50 million

BlockBeats News: On March 20th, according to Wu Shuo's blockchain report, the stablecoin digital bank InfiniInfini team sent an on chain message to the Infini hacker address, attaching court litigation documents. The plaintiff in the lawsuit is Chou Christian Long, CEO of BP SG Investment Holding Limited (wholly owned by Infini Labs), and the first defendant is Chen Shanxuan, based in Foshan, Guangdong. The identities of the other two to four defendants have not yet been confirmed. The plaintiff and BP Singapore developed a smart contract for managing company and customer funds, with the first defendant leading the writing of the contract. The contract originally had multiple signature permissions to control fund transfers, but the first defendant allegedly retained the "super admin" permission and lied to other team members that it had been removed. In late February 2025, the plaintiff discovered that approximately 49.51 million USDC encrypted assets had been transferred to multiple unknown wallets without obtaining a multi signature license. The plaintiff is concerned that the defendant or unidentified individuals may further transfer or launder the stolen assets, and therefore applies for an injunction to the court, requesting that the defendant be prohibited from transferring the stolen assets and disclosing the identity of the wallet holder and related transaction information. In the affidavit, the plaintiff mentioned that they had recently learned that the first defendant had serious gambling habits, which may have led to a huge debt burden. They speculated that this was the reason for the theft of assets and submitted screenshots of relevant information records.