About a month ago, Elliptic, Huobi, and Binance first coordinated to freeze 121 BTC, worth $2.5 million at the time. Apparently, the collaboration has continued, allowing a further $1.4 million in cryptocurrencies to be frozen on the 14th of February.

Elliptic, a blockchain-focused AML and Compliance service provider, forwarded info on stolen cryptocurrency that had been tracked to accounts on the two trading platforms. The security teams at the two exchanges then quickly froze the funds.

According to Simone Maini, the CEO of Elliptic, it is the duty of companies across the blockchain sphere to do everything in their power to keep crypto from becoming a safe haven for cybercriminals.