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Circle Says It Froze $1.1B in USDC Linked to Binance Hack Investigation

Summary by NewsBTC
Circle says it froze roughly $1.1 billion in USDC connected with the reported Binance exploit while working with law enforcement. The stablecoin issuer…

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After the $6.3 billion in stolen digital assets on 29 October, $2.85 billion was frozen thanks to stablecoins issuers. This technical capability questions the risks of future abuse by governments rather quickly, after the theft of more than $6.3 billion in cryptocurrency operated on 29 October on the Binance platform, we heard that part of the loot had been "frozen." And that the victims could recover their funds. Experts explain how it is possi…

·Geneva, Switzerland
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Crypto Economy broke the news on Sunday, November 8, 2026.
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