COINTELEGRAPH · 2026-11-01 23:09 UTC

$3.6B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler's Digest

Binance reopened withdrawals after a $6.3B hack by North Korean hackers, processing $4.6B in withdrawals and receiving $1B in deposits, resulting in a net outflow of $3.6B according to DeFiLlama. The FBI and Secret Service froze approximately $2.84B in stolen assets (mostly stablecoins) on-chain, with the attacker borrowing $59.9M ETH on Aave to evade the blocks. THORChain founder JP Thor publicly opposed node operators cooperating with law enforcement to freeze stolen funds, arguing it would compromise the protocol's decentralization principles.

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