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$GHST Super Bulish coming Soon fast buy this dip next taget 0.6$ 1$ dont miss this coin

Infini Labs, a crypto-focused neobank, has filed a lawsuit against an engineer it accuses of embezzling nearly $50 million from the platform. The stablecoin digital bank accuses Chen Shanxuan of retaining “super admin” authority as the crypto platform’s smart contract went live in mainnet. As a result, the engineer stole approximately $49.5 million in USDC ( USDC ) from the firm. Infini Labs filed its lawsuit in Hong Kong, via its subsidiary BP SG Investment Holding Limited. The allegation is that as a lead developer, Chen secretively retained ‘super admin’ access and used this privilege to embezzle millions of dollars in crypto from the firm. Interestingly, the lawsuit paints the picture of Chen as a man in debt and a massive gambler. The case follows the cryptocurrency credit card provider’s suffering from an exploit that saw $49.5 million drained from its coffers. The initial reaction to the loss was tha this was the work of hackers. However, the lawsuit puts Chen on the spot, with documents presented before the court asking that the accused person’s assets be frozen. Infini Labs has also asked the court to compel its former lead smart contracts engineer to disclose further transaction details. In the crypto heist Infini suffered in February, funds had vanished without the multi-signature authorization. Chen used his full access to steal, the firm notes in the lawsuit. The lawsuit against Chen comes days after Infini founder Christian Li, asked the “hacker” to take the firm up on a white hat agreement. Li’s on-chain message also highlighted a 20% bounty the company offered to the suspected attacker. Li also reiterated that Infini Labs was not going to take any legal action if the hacker complied with the white hat offer and returned the funds as requested. Trugard CTO and co-founder Jeremiah O’Connor told crypto.news in a statement the exploit is a “textbook example of an insider attack” within the Web3 space. Specifically, when a single engineer holds “unchecked power” over a smart contract it creates a central point of failure. “Instead of revoking their super admin privileges as promised, this engineer kept a secret backdoor, deceived their own team, and made off with $50 million,” O’Connor added. “If the allegations are true, their motive—covering gambling losses—makes the situation even more alarming. When financial desperation meets unrestricted control, the results are almost always catastrophic. This serves as yet another wake-up call about the dangers of centralized authority in DeFi.” Security in DeFi must rely on more than just trust, he said. If Infini had in place decentralized safeguards like multi-signature wallets, on-chain transparency, or timelocks for admin changes, an exploit would have not been likely. As such, any project that allocates “absolute control” to one individual is “asking for trouble.” In Web3, security isn’t about trust; it’s about verifiable, enforced protections before things go south,” O’Connor concluded.

The war on crypto in the U.S. is officially over. The SEC dropped its case against $XRP yesterday and others like Coinbase, Robinhood, Gemini, Kraken, and Yuga Labs. The legal pressure’s off, and the industry’s set for growth. Big things ahead, I am super bullish.

Here's the analysis based on the most recent cart! * Candlesticks: We're seeing a BIG, green candle! 📈 That's a clear sign of serious buying pressure. * RSI: * RSI(6): 66.77, RSI(12): 57.43, RSI(24): 51.63 📊 * All above 50, which means bullish momentum is in full swing! 🔥 The fact that RSI(6) is the highest tells us the short-term push is super strong. * Volume: VOL: 1.46K, MA(5): 1.42K, MA(10): 1.48K 📈 Volume is steady, backing up the current upward trend. * KDJ: K: 67.30, D: 51.76, J: 98.39 🤯 That J value is sky-high! Major bullish momentum here. So, what does this mean for the next 12 hours? 🤔 * Bullish Vibes: Expect the upward trend to continue. 💪 Buyers are definitely in control. * Possible Pit Stops: Markets don't go straight up forever! 🛑 We might see some consolidation or small pullbacks as traders take profits. Also, the fact that the shorter term RSI is much higher than the longer term RSI, shows that the recent upwards move is very strong, and therefore a small correction is possible. * Global Sentiment: Remember, Bitcoin dances to the global market's tune. 🌍 Any big news could cause ripples. * Volatility Alert: Crypto is a wild ride! 🎢 Expect some ups and downs, even in a bullish trend. Possible Scenarios: * Most Likely: Upward trend continues, with minor consolidations. Volume stays consistent. 👍 * Moderate Pullback: Some profit-taking or negative news leads to a temporary dip. Bullish trend stays strong. Volume would increase during the pullback. 📉 My Take: Based on the indicators, I'm leaning towards continued bullish momentum for BTC/USDT. But, stay sharp! 🧐 Volatility is always a factor, and global news can change the game. Remember, trade responsibly! 💼 #Bitcoin #Crypto #Trading #BTCUSDT #Analysis #Blockchain 🚀📈💰 $BTC

Remember how I said 2-3 days ago that Wednesday is super important? 
All the channels, people, whales, and more are waiting for the announcement of Japan’s and the U.S.’s interest rates, and especially for what Jerome Powell will say tomorrow!
 According to these folks, if tomorrow the U.S. Federal Reserve Chairman, Jerome, says something positive about crypto, Bitcoin and the entire crypto market will explode with green candles!