Arkham posted on social media platform X that BNB Chain has recently started liquidating accounts that stole $570 million from its bridge in October 2022. Last year, hackers exploited a vulnerability in the BNB Bridge to steal 2 million BNB tokens from the Token Hub on BNB Chain. The hackers did not sell the tokens, but instead deposited 900,000 BNB into Venus Protocol and borrowed nearly $150 million in stablecoins. Since October 2022, the hackers have held onto this position for almost a year without any interaction with the Venus contract. Before the liquidation, their account still held $204.1 million worth of BNB on Venus. If sold all at once, this would trigger a spiral liquidation. Therefore, the BNB Chain core team proposed to Venus management to take over the hackers' debt and whitelist their account for gradual liquidation. BNB Chain's account transferred $60 million worth of USDT from Binance and was sent in June 2023. On Thursday, the price of BNB fell below $220 for the first time, triggering the liquidation of this position. The BNB Chain team took out $30 million in debt through three separate transactions, obtaining 146,150 hacked BNB tokens. BNB Chain's liquidation account still holds $30 million in USDT to pay off more debt, with a total debt of over $124 million. BNB Chain will also be able to liquidate the hackers' position again at a price of $211.