TREE NEWS reports: About $2.798 billion of the roughly $6.3 billion stolen in the Binance exploit has been confirmed frozen, BlockSec said on October 31, mostly in stablecoins such as USDT and USDC along with wBETH, RLUSD, USD1, FDUSD, USDT0 and gold tokens XAUt and PAXG. A further $38.47 million was handled through rescue actions by projects and chains, including the burning of about 984 million BEAM and the transfer of about 8,430 ETH and 74.56 million ARB to a temporary freeze address by Arbitrum’s security council.
BlockSec: $2.8B of Binance Exploit Funds Frozen, $2.9B Still in Attacker Wallets
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AI take
The split between frozen and still-mobile funds is the real story here: slightly less than half the haul is contained, and the remainder sits in attacker wallets, so recovery is far from settled. The composition matters too — stablecoin issuers and token projects, not just exchanges, are doing the containment, which shows how much freeze capability now rests with centralized issuers and chain-level councils like Arbitrum's. Whether the remaining balances can be traced and blocked, or start moving through mixers and bridges, is the open question worth watching.
Generated by AI for reference only.
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