MEXC apologizes to ‘White Whale’ trader over $3M freeze

Many crypto users online praised the decision but continued to criticize the exchange for freezing the funds in the first place.

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ZachXBT helps freeze $5m in stolen crypto from $140M Brazilian bank hack, calls out Circle

Blockchain investigator ZachXBT helped Brazilian authorities freeze $5 million in stolen funds.

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Cetus And Sui Face Centralization Backlash After Validators Freeze Portion Of Stolen Funds In $223M Hack

Cetus and the Sui Foundation are facing criticism after validators froze a large portion of the $223 million that was stolen during the Cetus hack [...]

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Star Xu vs. Justin Sun: Drama over OKX freeze request heats up

A public debate between cryptocurrency exchange OKX and TRON founder Justin Sun has surfaced over alleged communication issues regarding a freeze notice for stolen funds. OKX CEO Star Xu has challenged Sun’s claims that the exchange failed to respond to…

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Tron and Tether Join Forces to Freeze $9M from ByBit Hackers

ByBit hacked funds recovery shows positive signs

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Bybit: 89% of stolen $1.4B crypto still traceable post-hack

The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.

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Tether freezes $27M on Garantex, forcing halt of Russian-linked exchange

Sanctioned crypto exchange Garantex has halted operations following Tether’s decision to freeze $27 million worth of USDT on the platform. In a March 6 announcement on Telegram, the exchange confirmed a temporary suspension of crypto trading and withdrawals, citing Tether’s decision to freeze its funds.

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Tether and Tron’s T3 Unit Freeze $26.4 Million in Money Laundering Scheme

T3 FCU, a coalition of Tron, Tether, and TRM Labs, played a key role in freezing $26. 4 million in illicit crypto funds, disrupting a global crime network. The post Tether and Tron’s T3 Unit Freeze $26.

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Crypto hacks: Binance recovers $73m in stolen funds

Binance says its security team has managed to recover or freeze over $73 million in funds stolen during crypto hacks and scams. In an Aug. 8 press release, Binance revealed that the recovered or frozen funds related to external hacks…

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WazirX co-founder preps bounty program to recover stolen funds

WazirX co-founder Nischal Shetty has announced a bounty program to help the exchange recover or freeze funds stolen in the exchange’s recent hack.

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UK court freezes $7.6m of Craig Wright’s assets

A British court has issued a global freeze on $7.6 million of Craig Wright's assets, effectively blocking him from transferring the funds abroad. 

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A letter from Ledger Chairman & CEO Pascal Gauthier Regarding Ledger Connect Kit Exploit

Things to know: – December 14th, 2023, Ledger experienced an exploit on Ledger Connect Kit, a Javascript library to connect Web sites to wallets. – The industry collaborated with Ledger to neutralize the exploit and try to freeze stolen funds very quickly – the exploit was effectively running for less than two hours.  – This […]

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Tether, OKX collaborate with DOJ to seize record $225M in illicit USDT funds

Tether, the issuer of the USDT stablecoin, and crypto exchange OKX have partnered with the U. S. Department of Justice to seize $225 million, the largest-ever freeze of USDT in history, according to a Nov.

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Exchanges freeze $2M in crypto stolen from Atomic Wallet in June

On Oct. 19, Atomic Wallet announced that several cryptocurrency exchanges have frozen funds suspected to be stolen from user wallets during an unauthorized transaction activity reported this summer.

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Singapore court authorizes freeze order attached to wallets as soulbound NFT

A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order.

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Centralized crypto platforms forced to freeze Arab countries’ funds

As the conflict between Israel and Hamas escalates, the former CEO of Paxful calls on users to stay away from centralized crypto platforms. Ray Youssef, former CEO of Paxful, a peer-to-peer crypto platform, took to X to alarm users about…

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Binance Helps Israel Freeze Hamas Crypto Accounts

Israel police report Binance helped freeze Hamas crypto accounts that raised funds via social media campaigns.

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Israel’s Freezing of Hamas Crypto Accounts Highlights Centralized Risks

The recent move by Israel to freeze cryptocurrency accounts associated with Hamas underscores the risks of relying on centralized exchanges like Binance. While Israel says the freeze aims to divert funds to the state treasury, it also demonstrates the lack of true decentralization in how some cryptocurrencies are currently used.

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Israel and Binance join forces to freeze crypto accounts linked to Hamas

Israeli authorities froze multiple cryptocurrency accounts after joining forces with Binance. The move was made to disrupt the flow of funds to Hamas, a Palestinian militant group. Israeli aThe post Israel and Binance join forces to freeze crypto accounts linked to Hamas appeared first on AMBCrypto.

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Japanese crypto exchange JPEX to pause interest rewards as partners freeze funds

The Japan-based crypto exchange JPEX said it will pause a key feature at the start of the week in an announcement published Sept. 17. JPEX said that it will delist all Earn Trading transactions on Sept.

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Brazilian CBDC pilot source code includes methods to freeze, drain wallets

Banco Central do Brasil published the source code for its CBDC on GitHub last week and allowed the public to conduct an audit of the system’s code. Developers soon found concerning functionality in the source code of Brazil’s CBDC pilot, including mechanisms to control individual wallets and the funds they hold.

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Multichain Hack: Malicious Players Seek Profit as Circle and Tether Freeze Stolen Funds

Malicious players exploit Multichain hack, spreading phishing links on Twitter while Circle and Tether freeze part of stolen funds. The post Multichain Hack: Malicious Players Seek Profit as Circle and Tether Freeze Stolen Funds appeared first on BeInCrypto.

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Ripple v. SEC: Escrow Freeze Is Reasonable for XRP, Says Law Veteran

Legal expert Mark Fagel is not against idea of freezing Ripple's escrow funds as community guessing how case will end

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Poly Network Exploit Used to Mint $34 Billion Worth of Assets on Multiple Chains

A Poly Network exploit has been used by hackers to mint $34 billion in crypto assets with stakeholders scrambling to freeze the funds. The post Poly Network Exploit Used to Mint $34 Billion Worth of Assets on Multiple Chains appeared first on BeInCrypto.

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SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds

The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson.

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Binance US and SEC Reach Mutual Agreement on User Funds

A deal between Binance U.S. and the SEC will see customer funds repatriated to the U.S. as the exchange avoids a full-scale asset freeze. The post Binance US and SEC Reach Mutual Agreement on User Funds appeared first on BeInCrypto.

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Binance.US agrees with SEC to avoid full asset freeze  

US district judge Amy Berman has asked the Securities and Exchange Commission (SEC) to reach a compromise agreement with Binance.US on the best possible way to protect users’ funds on the platform instead of completely freezing the company’s assets as…

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Binance Goes to Court Against the SEC

Binance and Binance.US have made their case against the SEC's motion to freeze all Binance.US funds.

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Binance.US Responds To Motion Seeking Fund Freeze, Asserts SEC’s Claims Are Invalid

Binance. US has submitted its defense before the June 13 hearing to determine the freezing of its funds. Binance. US criticized the Securities and Exchange Commission’s (SEC) motion for a temporary restraining order, describing it as draconian and unduly burdensome.

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Binance.US counters SEC’s motion to freeze funds as it threatens its business

Binance.US has vehemently opposed the US Securities and Exchange Commission’s (SEC) proposed temporary restraining order, claiming that it would effectively end its business operations. The crypto exchange filed a response on June 12, criticizing the SEC’s emergency motion as “draconian…

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‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds

Binance.US has lodged its defense ahead of the June 13 hearing on whether its funds will be frozen.

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SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims

A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US's funds is a "draconian and unduly burdensome" move, the U.S. affiliate of the global crypto exchange argued Monday.

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Binance.US Says Customer Funds Are Safe As SEC Requests Restraining Order To Freeze Assets

A day after slapping Binance with a lawsuit, the U.S. Securities and Exchange Commission is now taking swift action to freeze assets tied to the American arm of the global exchange “on an expedited basis”.

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Binance US users withdraw $78M amid SEC lawsuit and asset freeze concerns

Crypto traders using Binance US withdrew $78. 48 million on June 7 from the embattled platform, according to DeFillama data, despite assurances that their funds were safe. The total value of tokens held by Binance.

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South Korea proposes real-time monitoring to freeze funds on Binance

South Korea proposes a real-time monitoring system to freeze funds on Binance and other major crypto exchanges. The move aims to enhance oversight and combat cryptocurrency-related crimes.

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Binance helped US authorities freeze $4.4M linked to DPRK cybercrime orgs

Following “lawfully served warrants,” Binance worked to flag the accounts and tie up the funds.

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Defunct crypto exchange Globix funds frozen as per Gibraltar court orders

A Gibraltar court has ordered several crypto exchanges to hand over customer information and freeze funds related to Globix. Globix's liquidators got an injunction to stop Binance from transferThe post Defunct crypto exchange Globix funds frozen as per Gibraltar court orders appeared first on AMBCrypto.

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Indian authorities freeze over $11M in crypto money laundering case

The Indian enforcement directorate froze over $11. 1 million on April 24 as part of an ongoing investigation into money laundering using a cryptocurrency called HPZ token. The funds were seized during searches conducted in three banks and payment gateway providers across the country that served entities involved in money laundering.

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Celsius Custody customers finally begin withdrawals 263 days after freeze

Celsius users with funds held in its custody program have finally begun to withdraw funds, but users report delays due to a backlog of requests.

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Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.

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North Korean hackers try to launder $27M in ETH from Harmony bridge attack

Three main addresses sent 17,278 Ether to six exchanges, which managed to freeze at least some of the stolen funds.

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Binance And Huobi Freeze Funds Linked To $100M Harmony One Hack, 124 BTC Recovered

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South Korean Prosecutors Still Chasing Terra Luna Funds, Freezing $93M From Known Associates

The Seoul Southern District court in South Korea ruled that prosecutors could freeze the assets of seven parties with links to Terra/Luna. The post South Korean Prosecutors Still Chasing Terra Luna Funds, Freezing $93M From Known Associates appeared first on BeInCrypto.

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Ledger Partners Changelly and Wyre Allegedly Freeze User Funds for ‘No Reason’

While the crypto sector is still recovering from the FTX collapse, crypto influencer 0xSea.eth hinted at a liquidity crisis in a Twitter thread. The post Ledger Partners Changelly and Wyre Allegedly Freeze User Funds for ‘No Reason’ appeared first on BeInCrypto.

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FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out

FTX announced on November 20 that exchanges should remain alert regarding unauthorized fund transfers from FTX Global and related debtors on November 11. The post FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out appeared first on CryptoSlate.

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Do Kwon deems news of $40M crypto freeze a ‘falsehood’

Terra founder Do Kwon has described news of South Korean prosecutors freezing his $39. 66 million crypto as a “falsehood. ” I don't get the motivation behind spreading this falsehood – muscle flexing? But to what end? Once again, I don't even use Kucoin and OkEx, have no time to trade, no funds have been frozen.

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Terra Co-Founder Tries To Cash Out 3,300 Bitcoin Following Interpol Alert, Report Says

According to several reports, authorities in South Korea have ordered crypto exchanges OKX and KuCoin to freeze funds connected to Terra founder Do Kwon. In total, the platforms froze over 5,000 BTC or around $60 million at the current market price.

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Indian authorities unfreeze millions in locked WazirX bank accounts

The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds.

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Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis

Chainalysis Crypto Incident Response team helped law enforcement trace stolen funds to cash out points and for their subsequent freeze.

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