Initia monitoring found that an attacker moved approximately $3.27 million in assets after compromised cloud access credentials enabled an attack on November 9. The attacker forged IBC withdrawals involving 5 rollups. Approximately $2.16 million remains temporarily immovable on the suspended Initia L1. Initia plans to replace all reserves backing the affected assets, but the plan remains under development. Initia expects recovery to take longer than a normal network restart and has not announced a specific timeline.