We will work closely with the Binance team and stand ready to take immediate action to block any cross-chain activities by hackers.
While blockchain is decentralized by nature, malicious hacking activities pose a threat to the entire industry.
We are aware of differing figures circulating publicly regarding the amount frozen, including references to $1.8 billion.
For clarity, the current verified total frozen is $2.54 billion. This figure may continue to increase as our teams work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets.
We will only share confirmed figures and will provide further updates as more verified information becomes available.