flow protocol I can’t think of it to Take a break and Exchange associated with Justin Sun publicly known as Huobi HTX condemned Project recovery plan After suffering nearby 4 million dollar exploit.
update Share via Huobi’s official website details a major security incident that occurred on the Flow network last December. claimed After the incident, Huobi HTX immediately tried to check the situation in the following ways. reach out your hand Provide team and abnormal price monitoring, On-chain data.
Huobi criticizes flow recovery schedule
The report claims that after the project team confirmed the security incident, Huobi HTX continued to provide assistance to the project team in risk management and on-chain tracking, including providing relevant address information and related recharge information.
Throughout this process, Huobi HTX’s risk management and monitoring system continuously tracked abnormal capital flows and took restrictive measures against identified hacker-related assets to prevent further inflow into the market as much as possible, while protecting the overall interests of currency holders.
However, the report alleges that the Flow project parties decided to unilaterally pursue a so-called “quarantined recovery” plan through protocol layer powers without sufficient communication with exchanges and the community.
without it mastering Using the private key, the team forcibly transferred the identified FLOW assets directly from the centralized exchange address containing Huobi HTX. These assets include a large number of regular user positions acquired through real market transactions, which were scheduled to be unilaterally destroyed on January 30, 2026, according to the plan announced by the team.
Huobi’s claimsthThis approach not only deviates significantly from the decentralization principles that blockchain should have, but also does not sufficiently take into account the legitimate rights and interests of the platform and its regular users.
Huobi HTX claims it is acting in the best interest of its users and its community and continues to invest resources in monitoring. tracking, We strive to minimize the potential impact to users in environments with high uncertainty.
We fully respect the legitimate rights and interests of our users and exchange our custody assets; public Complete and auditable post-mortem report.
The exchange is also said We will continue to sync incident progress with you and provide clarification and follow-up as soon as possible if a situation arises that may affect your property rights.
Collateral damage from flow exploitationt
THis hack disrupted the Flow ecosystem went down December 27, 2025.
Hackers mint counterfeit or duplicate tokens, which cause About $3.9 million in assets were leaked and transferred to other chains. To be clear, this exploit did not affect deposits or balances of authorized users. You just created a fake asset.
In the days that followed, the Flow team argued that:dthThe only logical way forward was to initiate a rollback that would return the network to its pre-hack state while removing unauthorized transactions from the ledger.
Rollback is frowned upon; I like the critics Alex Smirnov claims that his company’s deBridge has been integrated with Flow.dthDespite claiming to be in sync with key partners, the team reached the decision to perform the rollback without any communication or coordination with the platform.
We will change the base after consultation.Eh, what?So we switched to a targeted recovery approach that keeps most valid transactions on-chain and processes only those that misbehaved. plan Saw Affected accountstoThe fraudulently minted tokens were temporarily frozen as forensic analysis was performed to identify and fully remediate them.
foundation called ItthIt adopted a “scalpel” approach, which it argued would solve the problem while adhering to the principles of decentralization.
