Mercado Bitcoin announced on Monday that it had contained the attack, but on-chain forensics traced $48.6 million over the following hours across 11 blockchains, with thousands of customer deposit addresses emptied. The timeline of the announcement and the outflows doesn’t add up—and that’s the starkest contradiction right now. A Brazilian exchange says it “contained” the attack; forensic data shows the money still moving across 11 chains. Both statements can’t be true at once. I’ve been watching this case for a while, and the exchange’s “contained” claim now sounds more like public relations than a technical conclusion. The on-chain ledger won’t cover for anyone. It records who spoke first and who spoke later, down to the timestamps. $BTC