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2025-05-02
17:29
Over $7 Million in Stolen Crypto Frozen: Binance Security and CFInvestigators Lead Rapid Response – May 2025 Update

According to ZachXBT, over $7 million in stolen cryptocurrency assets have been successfully frozen with the collaboration of CFInvestigators, tanuki42_, and the Binance Security team (source: ZachXBT on Twitter, May 2, 2025). This rapid freeze significantly limits the ability of malicious actors to liquidate stolen funds, improving overall market security and reinforcing trust in centralized exchanges' security protocols. Traders should note that such swift action can reduce the risk of large-scale sell-offs and price volatility following high-profile thefts, as highlighted by this incident.

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