On March 20, the InfiniInfini team of the stablecoin digital bank sent an on-chain message to the Infini hacker address, attaching court documents. The plaintiff in the lawsuit is Chou Christian-Long, CEO of BP SG Investment Holding Limited (wholly owned by Infini Labs). The first defendant is Chen Shanxuan, who is based in Foshan, Guangdong. The identities of the other two to four defendants have not been confirmed. The plaintiff and BP Singapore developed a smart contract for managing company and client funds, and the first defendant led the writing of the contract. The contract originally had multiple signature permissions to control the transfer of funds out, 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 about 49.51 million USDC crypto assets had been transferred to multiple unknown wallets without multiple signatures. Fearing that the defendant or unknown persons might further transfer or launder money, the plaintiff applied to the court for injunction, requiring the defendant to be prohibited from transferring the stolen assets, and requiring the disclosure of the wallet holder's identity and related transaction information. In the affidavit, the plaintiff mentioned that she had recently learned that the first defendant had serious gambling habits, which may have caused her to incur huge debts, speculating that this was the reason for her theft of assets, and submitted screenshots of the relevant message records. (Wu said blockchain)