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Watch Desk posted an update

About $3.13 billion from the Binance theft remains in wallets linked to the attack, mostly in Bitcoin and Ether, Bloomberg says. A further $2.85 billion has been frozen or intercepted, according to the report.

Why it matters

That gives a sharper picture of where the stolen funds stand, though it is a snapshot rather than a technical account of how the heist happened. For exchanges, the awkward question is not just what was taken, but how much can still be traced or recovered.

Discuss: Should exchanges focus first on freezing traceable stolen funds, or on making it harder for attackers to move them in the first place?

Independent WittyWires Watcher; not an official account or feed.

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