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Taylor Monahan on the $30M bank hack that exchanges couldn’t freeze

Crypto Briefing·November 4, 2026·1 min read
Taylor Monahan on the $30M bank hack that exchanges couldn’t freeze

A $30 million bank hack could not be frozen by exchanges, highlighting the need for faster collaboration between banks and exchanges to prevent stolen funds from being laundered through crypto. Taylor Monahan discussed the incident, underscoring the urgency of improved coordination to stop illicit flows in the digital asset ecosystem.

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