He Yi: Hacker Borrowed Only $46M in ETH Against $60M USDT on Aave

He Yi's clarification reframes the incident from a headline-sized loss to a more contained borrowing event, with the gap between pledged collateral and actual ETH drawn being the detail that matters. The key point is jurisdictional: whether the USDT sits inside the freeze scope determines how much is recoverable through law enforcement, not through on-chain action. That distinction affects how counterparties and venues assess exposure to frozen stablecoin balances in similar cases. The open question is whether the unfreezing process proceeds as described and how much of the $14 million gap is ultimately recovered.