UpBit Hackers Send Stolen Ethereums to Binance, Statement From CZ
UpBit Hackers Send Stolen Ethereums to Binance, Statement From CZ.
Binance, the largest cryptocurrency exchange in terms of trade volumes, has frozen 137 ETH ($ 27,164) sent by Upbit hackers. Changpeng Zhao, the CEO of Binance, quickly responded to a tweet about the movement of the hack-related account specified by Whale Alert.
ℹ️ Address notification limit increased to 100,000 USD
— Whale Alert (@whale_alert) May 13, 2020
Binance Transfer Searches
According to CZ, they are currently working with Upbit and law enforcement to verify the malicious nature of the transaction.
After doing a research, Binance will determine how to send the stolen crypto back to Upbit.
The major South Korean stock market encountered $ 51.7 million Ethereum hacks in November 2019. Since then, hackers have been routinely messing up their bad money, Binance transfer is the last example.