#FirstDigitalBlacklistsAttackerAddressHoldingAbout3.4MFDUSD
🔒 First Digital Freezes ~3.4M FDUSD Tied to Binance Attacker
📌 On-chain analyst Specter spotted First Digital blacklisting an attacker-linked address holding about 3.4M FDUSD
🗣️ First Digital CEO Vincent Chok confirmed the stolen FDUSD is frozen and the team is working with Binance
📊 Binance puts the incident's total impact at ~$6.3B, with ~$3B frozen on-chain so far
🧊 Tether froze ~$1.6B and Circle 800M+ in linked stablecoins
🛡️ Binance says SAFU and company funds will cover all losses
📅 Deposits are normal, and withdrawals are expected to begin resuming within 48 hours
What it means for crypto: stablecoin issuers can freeze stolen funds fast, which aids recovery but shows they are centrally controlled ⚠️
Should issuers be quicker to freeze, or does it go too far? 👇
$BTC $BNB
#CryptoNews #FDUSD #Stablecoins #FirstDigitalBlacklistsAttackerAddressHoldingAbout3.4MFDUSD
🔒 First Digital Freezes ~3.4M FDUSD Tied to Binance Attacker
📌 On-chain analyst Specter spotted First Digital blacklisting an attacker-linked address holding about 3.4M FDUSD
🗣️ First Digital CEO Vincent Chok confirmed the stolen FDUSD is frozen and the team is working with Binance
📊 Binance puts the incident's total impact at ~$6.3B, with ~$3B frozen on-chain so far
🧊 Tether froze ~$1.6B and Circle 800M+ in linked stablecoins
🛡️ Binance says SAFU and company funds will cover all losses
📅 Deposits are normal, and withdrawals are expected to begin resuming within 48 hours
What it means for crypto: stablecoin issuers can freeze stolen funds fast, which aids recovery but shows they are centrally controlled ⚠️
Should issuers be quicker to freeze, or does it go too far? 👇
$BTC $BNB
#CryptoNews #FDUSD #Stablecoins #FirstDigitalBlacklistsAttackerAddressHoldingAbout3.4MFDUSD
