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blockchainOct 23, 2026AI summary

Agora Freezes AUSD Account Tied to Initia Exploit

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Agora froze an Ethereum account linked to the Initia exploit after it had exchanged 1.4 million AUSD for ETH, according to The Defiant.

Agora Freezes AUSD Account Tied to Initia Exploit

Agora has frozen an AUSD account on Ethereum linked to the Initia exploit, The Defiant reported.

Before the freeze, the account had converted 1.4 million AUSD into ETH. The action therefore came after that exchange had taken place.

Agora said it has no contracts deployed on Initia, distinguishing its presence on Ethereum from the network associated with the exploit.

Source: The Defiant

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