Binance co-founder He Yi revealed that a hacker's $60 million in USDT collateral deposited on Aave is not subject to full freeze, with only $46 million worth of ETH actually borrowed against it. The remaining $14 million difference could be recovered once the funds are unfrozen through law enforcement channels.
He Yi shared the details on X, highlighting that the collateral position leaves room for additional asset recovery beyond what was initially assumed under complete freeze scenarios.
Binance Co-founder He Yi: Hacker's $60M USDT Collateral on Aave Yields Additional $14M Recovery Potential
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
