Binance CEO Highlights 124 BTC Fund Recovery

January 16, 2023 Story: Divya Sinha

According to a blockchain detective, ZachXBT, North Korea’s Lazarus Group moved 41,000 ETH from the Harmony Bridge hack.

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It detailed that it was through Railgun on Jan 13-14 before depositing funds on three exchanges.

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Binance CEO Changpeng Zhao announced that Binance had discovered hacker-funded activity related to Harmony One.

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CZ detailed that they previously tried to launder through Binance and they froze his accounts.

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However, this time hacker used Huobi. Binance assisted the Huobi team to freeze his accounts.

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CZ further detailed that 124 BTC have been recovered and mentioned “CeFi helping to keep DeFi #SAFU!”.

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Also, Justin Sun in a tweet thanked the team and wrote that this is a prime example of how CeFi can work together to keep the crypto community #SAFU.

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