Bitcoin & Crypto DEVELOPING
Binance Exploiter Swaps $911 Million Into ETH and TRX, Arkham Says
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.