Experts divided over Binance hack asset freezes, warn recovery is another matter
Stablecoin issuers Tether and Circle reportedly froze billions of dollars in stolen crypto within hours of a Binance hack. Legal experts are divided on whether smaller victims would receive the same protection, and they raise doubts about how easily funds could be recovered. USDT was $0.999 at publication, down 0.0% in the first hour, and down 0.0% since the story.
Source: CoinDesk · Written by Blockdeck from public reports and live market datamarket_reactionUSDT/USD around the story−0.00% since the news
Price at the news$0.9991
First hour after−0.01%
Since the news−0.00%
Volume that hour—
Headline and excerpt credited to CoinDesk. Prices on this page are live, not from the time of the story. Not financial advice.