Huobi HTX Condemns Flow Project Team for Unilaterally Forcing Transfer of FLOW Assets: Undermining Users' Legitimate Rights and Interests, Violating the Spirit of Decentralization

Odaily News On January 13, Huobi HTX issued a statement regarding the Flow (FLOW) project team's unilateral asset transfer. Huobi HTX stated that on December 27, 2025, a protocol-layer vulnerability in the Flow network led to the illegal minting of a large amount of FLOW. Following the incident, the platform proactively contacted the project team to verify the situation, confirm any anomalies, and actively cooperated with risk management and on-chain tracking efforts. Simultaneously, the risk control and monitoring systems continuously tracked suspicious fund movements, imposing restrictions on identifiable hacker-related assets to the greatest extent possible to prevent their further entry into the market and protect the overall interests of token holders. However, the Flow project team unilaterally initiated an "Isolated Recovery" plan without sufficient communication with exchanges and users, forcibly transferring FLOW assets from centralized exchange addresses, including Huobi HTX's, through protocol-layer permissions, with plans to destroy them on January 30, 2026.

Huobi HTX emphasized that the assets slated for forced transfer and destruction include a significant amount of FLOW obtained by ordinary users through legitimate market transactions. The Flow project team's actions severely violate the principles of decentralization and clear property rights, set a negative precedent for the industry's asset security boundaries, and seriously harm the legitimate asset rights and interests of the platform and its users. Huobi HTX calls on the Flow project team to adhere to the spirit of decentralization, respect the legitimate rights and interests of users and exchanges, clearly distinguish between illegally minted tokens and legitimate holdings, publish a complete and auditable post-mortem analysis, and resolve outstanding issues through proactive negotiation rather than unilateral technical measures.