U.S. SEIZES $1.2 BILLION FROM THE BINANCE HACK. BUT WILL THE MONEY REACH THE VICTIMS?
North Korean hackers are being pursued, and the U.S. is targeting $1.2 billion for seizure. Sounds like a big win.$BTC
But wait…
Seizing a hacker’s money doesn’t mean Binance or its users will get their money back.
An estimated $2.85 billion is still in the hands of hackers and continues to circulate through DeFi protocols.$ETH
An uncomfortable question: The U.S. has tried to recover the money, but who will actually get it back?
Don’t confuse asset recovery with refunds for victims.$SXT
North Korean hackers are being pursued, and the U.S. is targeting $1.2 billion for seizure. Sounds like a big win.$BTC
But wait…
Seizing a hacker’s money doesn’t mean Binance or its users will get their money back.
An estimated $2.85 billion is still in the hands of hackers and continues to circulate through DeFi protocols.$ETH
An uncomfortable question: The U.S. has tried to recover the money, but who will actually get it back?
Don’t confuse asset recovery with refunds for victims.$SXT
