Was $6 Billion Stolen or $3 Billion Frozen?
Watch on YouTube Nearly six billion dollars estimated stolen. Three billion in frozen assets. The two figures describe different parts of the attack Binance is investigating, and confusing them can give a misleading impression of how much money has been lost. According to updates published by Cointelegraph through October 30, Binance has temporarily suspended deposits and withdrawals while it checks the security of its systems and works with other entities to trace the funds.
Nearly six billion dollars estimated stolen. Three billion in frozen assets. The two figures describe different parts of the attack Binance is investigating, and confusing them can give a misleading impression of how much money has been lost. According to updates published by Cointelegraph through October 30, Binance has temporarily suspended deposits and withdrawals while it checks the security of its systems and works with other entities to trace the funds. The investigation remains open.
Full episode: https://youtu.be/LchIk79il68
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