Hackers are reportedly swapping stolen $SOL for $BTC after draining Tron wallets used to move the funds from the $6.3 billion Binance breach.
Per reports, around $3B has been frozen so far, and Binance has warned of a second wave of theft attempts.
My take: the laundering trail is getting harder to hide when this much is frozen. Still, the headline risk keeps sentiment shaky, with Fear & Greed at 26.
Do you think freezes and the FBI address lists will recover most of the funds, or will a big chunk vanish? Why?
#Binance #CryptoSecurity #Bitcoin #Solana
Per reports, around $3B has been frozen so far, and Binance has warned of a second wave of theft attempts.
My take: the laundering trail is getting harder to hide when this much is frozen. Still, the headline risk keeps sentiment shaky, with Fear & Greed at 26.
Do you think freezes and the FBI address lists will recover most of the funds, or will a big chunk vanish? Why?
#Binance #CryptoSecurity #Bitcoin #Solana