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Billions moved by Binance hackers before Tether, Circle could freeze assets

Industry participants, including Tether and Circle, began the process of locking down billions of dollars in assets, prompting hackers to swiftly convert the misappropriated stablecoins into…

Billions moved by Binance hackers before Tether, Circle could freeze assets

Industry participants, including Tether and Circle, began the process of locking down billions of dollars in assets, prompting hackers to swiftly convert the misappropriated stablecoins into cryptocurrencies that their issuers were unable to freeze.

Earlier coverage

Reported by CoinTelegraph.