Huobi HTX Condemns Flow Project for Unilaterally Forcibly Transferring FLOW Assets: Violates Users' Legitimate Rights and Interests, Contradicts the Spirit of Decentralization
Odaily News on January 13: Huobi HTX issued a statement regarding the Flow (FLOW) project unilaterally transferring assets. 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. After the incident, the platform proactively contacted the project team to verify the situation, confirm any abnormalities, and actively cooperated with risk management and on-chain tracking efforts. Simultaneously, the risk control and monitoring systems continuously tracked suspicious fund flows and imposed restrictions on identifiable hacker-related assets, making every effort to prevent their further entry into the market and protect the overall interests of token holders. However, without sufficient communication with exchanges and users, the Flow project team unilaterally initiated the "Isolated Recovery" plan, 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 forcibly transferred and slated for destruction include a significant amount of FLOW acquired by ordinary users through legitimate market transactions. The Flow project team's actions severely contradict 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 coins and legitimate holdings, publish a complete and auditable post-mortem analysis, and resolve outstanding issues through active negotiation rather than unilateral technical measures.
