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Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings

Elliptic says little of the stolen crypto has likely been cashed out, while $2.85 billion remains frozen.

Desk

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

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Original reporting

Kyle Baird, The Block

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