Infini Exploit Wallet Reawakens to Scoop $13M in Ethereum

Crypto News Exploits

Infini Exploit Wallet Reawakens to Scoop $13 Million in Ethereum

Written by Aaron S.,

Editor-In-Chief

Last Updated: February 09, 2026

Key Takeaways

Infini’s breach wallet becomes active again and buys $13.3 million in Ethereum during a price drop, then sends the funds to a mixing tool;
Infini files a Hong Kong case against a developer and unnamed individuals after the exploit and sends an on-chain notice to the suspect’s wallet;
The attacker still holds the full $50 million after converting Infini’s USDC to non-freezable Dai and continues to trade the stolen funds.

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Infini Exploit Wallet Reawakens to Scoop $13 Million in Ethereum

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A blockchain wallet connected to Infini’s $50 million breach has begun moving funds again after almost a year of silence.

The address recently bought a large amount of Ethereum ETH $2,118.98 during a price drop and then sent the tokens through a mixing tool.

One month after the incident, the company filed a case in Hong Kong against a developer and several unnamed individuals it believed were involved.

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On March 24, Infini also sent an on-chain notice to the attacker’s wallet. The message named developer Chen Shanxuan and three unidentified people with access to the wallets used in the exploit.

Despite these steps, the attacker still controls the stolen funds. Data from Arkham shows that the wallet labeled the “Infini exploiter” bought about $13.3 million worth of Ethereum when the price was $2,109.

The address later moved the Ethereum to Tornado Cash, a tool often used to mask transaction paths.

Lookonchain commented on the activity in a post on X:

He seems very good at buying low and selling high.

Infini’s breach began when someone with retained administrative access moved the firm’s USDC USDC $0.9964 and converted it into Dai DAI $0.9970 , which cannot be frozen. The funds have remained in the attacker’s control since then.

Crypto thefts and scams caused heavy losses in January 2026, with stolen funds reaching $370.3 million. What did CertiK say? Read the full story.