On-chain alerts from Lookonchain flagged roughly $250,000 in deposits over 12 hours from an address tied to the Binance attacker. Gate.io quickly identified and froze the two related accounts, put them under due diligence review, and pledged full cooperation with law enforcement.

This comes amid the fallout from Binance’s massive ~$6.3 billion hot-wallet theft (the largest on record, largely covered by the exchange itself). Even relatively small flows like this get spotted and frozen fast thanks to public on-chain monitoring + exchange response.

Credit to the trackers and to Gate for moving quickly—industry coordination makes it harder for stolen funds to simply disappear.