A post by @CertiKAlert on X.

CertiK flagged roughly $636,000 in suspicious outflows from an Initia address across 16 successful IBC transfers to the Noble chain. The transfers were executed from Initia address init1nyn989pkt2tx3rfz4rhzwldlh67vy4t30ccyz9 on the interwoven-1 network, with the alert pointing to an official announcement from Initia. The activity matters because IBC transfers are a core interoperability path for Initia's interwoven ecosystem, and a 16-transaction burst to a single destination chain is unusual enough to warrant scrutiny. What to watch next is whether Initia confirms the transfers as routine treasury or user movement, or identifies them as an exploit, and whether any funds are returned or frozen on the Noble side.