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Tether freezes Binance hack funds, immobilizing over $1.5B in 30 minutes

The Cryptonomist·November 2, 2026·1 min read
Tether freezes Binance hack funds, immobilizing over $1.5B in 30 minutes

Tether froze over $1.5 billion in USD₮ from the Binance hack within 30 minutes of the October 29, 2026 attack, the stablecoin issuer said on November 2. The intervention kept funds beyond the reach of North Korea, which the FBI identified as responsible for the theft.

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