Initia detected that attackers launched an attack on November 9 after cloud access credentials were leaked, transferring approximately $3.27 million in assets. The attackers forged IBC withdrawals involving five Rollups. Approximately $2.16 million in assets remains temporarily unable to be transferred out of the paused Initia L1. Initia plans to replenish all reserves backing the affected assets, but the plan is still being developed. Initia expects recovery to take longer than a normal network restart and has not announced a specific timeline.