CZ: Client executives were extorted from wallets worth $12.5 million and have helped freeze nearly $11.8 million

Binance CEO Zhao Changpeng (CZ) posted on X platform that an executive of a customer was deceived to go on a "business trip" to Montenegro, where they were kidnapped and forced to empty their wallets, with a total loss of about $12.5 million. We investigated the on-chain activity and contacted our partners earlier today to freeze the wallet, as all funds were transferred to a Tron wallet in the form of USDT. We successfully froze about $11.8 million of the stolen $12.5 million. This is a true story. Please stay SAFU.

CZ Zhao Changpeng

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CZ: Client executives were extorted from wallets worth $12.5 million and have helped freeze nearly $11.8 million

All Comments

Recommended for you

Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed from public office for allegedly u

SlowMist: Will help law enforcement agencies track down the stolen funds from DEXX. Currently, about 2,000 suspicious addresses have been roughly identified.

DEXX: If all assets are recovered, full compensation will be given immediately

SlowMist: DEXX incident has identified more than 900 victims, with total losses estimated at $21 million

Warning: Multiple Dexx user emails have been subjected to abnormal login attempts. It is recommended to change the passwords of the associated accounts in time.

Polterfinance left a message to the hacker: If the funds are returned in time, no legal action will be taken

He Yi: Telegram accounts have been maliciously reported and banned. Users should be wary of scams impersonating related accounts

The Hong Kong Monetary Authority calls on citizens to be vigilant about the use of "banking" behavior by overseas crypto asset institutions that are not licensed banks in Hong Kong

SlowMist: Suspicious activity related to vETH detected, users remain vigilant

ZachXBT: Crypto exchange M2 was hacked yesterday and about $13 million was stolen

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