Kaito AI is suspected of depositing user funds for new investment into CEX wealth management, with the official statement claiming it is only for temporary accomplice storage.

On September 30, according to KOL encryption fearless revelations, on-chain data shows that Kaito AI is suspected of depositing user funds used for the Limitless new project into CEX for wealth management. Currently, the new project funds for Limitless have exceeded $90 million, and Kaito's behavior is suspected of unauthorized appropriation of tens of millions of dollars of user principal for the new project for profit in CEX wealth management. In response, Kaito staff stated that they are restoring custody services with FalconX, and during this period, using CEX for temporary custody is only for storage. Once the process is completed, all funds will be migrated back on-chain and managed by FalconX, which is consistent with their practice since going live in July.