Unchained reports that hackers stole $6.43 billion from Binance on October 29, as stated by blockchain analytics firm Elliptic. Tether and Circle quickly froze most of the stolen USDT and USDC stablecoins within an hour. Additionally, the Arbitrum network council took action that evening to move the hackers' ether. This incident raises questions about ownership and control in the crypto space.
Based on the Unchained report; not independently verified.
Source published: Thu, 05 Nov 2026 16:00:22 +0000
[Read the original report](https://unchainedcrypto.com/if-crypto-can-be-frozen-is-it-yours/)
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