Binance recovers $450k of the Curve Finance stolen funds: Changpeng Zhao

Changpeng Zhao Cayman Islands Binance Twitter

12.08.2022 - 19:21

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livemint.com:

Binance founder Changpeng Zhao on Friday said they have recovered the majority of the Curve stolen funds. Earlier this week, Curve. Finance fell prey to a cyber attack with its domain name system (DNS) being hijacked. The Cayman Islands-based cryptocurrency exchange had stepped in by monitoring the situation at Curve. Through his Twitter account, CZ said Binance recovered $470,000 of the Curve stolen funds, representing over 83% of the hack.

CZ said, "Binance froze/recovered $450k of the Curve stolen funds, representing 83%+ of the hack."

"We are working with LE to return the funds to the users. The hacker kept on sending the funds to Binance in different ways, thinking we can't catch it," CZ added with a laughter emoji.

Binance froze/recovered $450k of the Curve stolen funds, representing 83%+ of the hack. We are working with LE to return the funds to the users. The hacker kept on sending the funds to Binance in different ways, thinking we can't catch it.

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