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Bitcoin & Crypto DEVELOPING

Binance Exploiter Swaps $911 Million Into ETH and TRX, Arkham Says

A close-up shot of a Bitcoin partially buried in soil, symbolizing digital currency growth.
Illustrative photo.Photo by https://kaboompics.com/ on Pexels

What happened

The conversions moved USDT (Tether’s dollar-pegged token) beyond Tether’s token-freezing mechanism, while Arkham reported $2.8 billion of the stolen assets already frozen. Binance is a cryptocurrency exchange and finance company based in United Arab Emirates, founded in 2017.

Sources & evidence