Binance hack splits crypto into funds that freeze and funds that don't

The attackers in the $6.3 billion Binance theft have started to split their haul along the lines of assets that can be frozen or potentially clawed back and assets beyond freeze controls. On one hand, stablecoin issuers are already pulling blacklist and freeze levers, while the hackers are racing to cross over to ETH, BTC and other tokens with no issuers or off switches. The scramble to wall off tokens before they cross into unrecoverable territory follows what has been described as the biggest theft in crypto history, which, ironically, hit the world’s largest crypto exchange. Binance’s initial report of the incident has blamed the exploit on a compromised DevOps engineer’s laptop. What has been frozen from the Binance hack?

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