Approximately $3.27 million in assets transferred to attacker's address; Initia will fully replenish affected reserves

Odaily reports: According to Initia monitoring, on November 9, the platform was compromised due to the compromise of cloud access credentials, and the attacker forged IBC withdrawals involving 5 Rollups. Approximately $3.27 million in assets were transferred to the attacker's address on Initia L1, of which approximately $2.16 million remains on the suspended L1 and cannot be transferred temporarily. Initia stated that the attacker has bridged out 13,400 TIA, 8,000 USDC.inj, and 597,000 Noble USDC, hitting the platform's IBC outbound limit, and no INIT was transferred out of Initia. Initia plans to fully replenish the reserves corresponding to the affected assets, with the specific plan still being finalized. The team is rebuilding the affected infrastructure in an isolated environment, tightening access permissions, and strengthening on-chain IBC verification. Initia expects the recovery to take longer than a regular network restart, and a specific timeline has not yet been announced.