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Circle Freezes $1.1 Billion in USDC Tied to Binance Exploit

TokenPost·November 7, 2026·1 min read
Circle Freezes $1.1 Billion in USDC Tied to Binance Exploit

Circle has frozen $1.1 billion in USDC tied to the Binance exploit. The FBI attributed the Oct. 29 breach to North Korean actors, with transfers from Binance hot wallets estimated at $6.4 billion. The freeze aims to recover funds and disrupt the attackers' operations.

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