Gate: Two accounts linked to the Binance attackers have been frozen.
Original headlineGate:已冻结两个与 Binance 攻击者相关的账户
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Gate has identified and frozen two accounts linked to the attacker behind the Binance hack, with the funds now under a due diligence process, the exchange said on November 2, adding it will fully cooperate with law enforcement and the ongoing investigation. The move follows on-chain monitoring by Lookonchain, which reported that the Binance hacker deposited roughly $250,000 into Gate within 12 hours of the exploit. The development matters because it shows exchanges coordinating to trace and freeze stolen funds, potentially limiting the attacker's ability to launder proceeds. Watch for updates on whether the frozen balances are returned to Binance, further law enforcement action, and any additional deposits by the attacker to other venues.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Gate, Binance, Binance Hacker