Binance seizes 450,000 stolen in Curves frontend hack

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Raul Perez

Binance CEO Changpeng Zhao said his team seized a large portion of the funds stolen during Tuesday’s front-end exploit on Curve. In an update Zhao said on Twitter that the centralized exchange froze $450,000 in stolen assets, which the Curve hacker had deposited to the exchange. According to Zhao, the recovered amount is more than 80% of the stolen funds. He added the exchange is now working with law enforcement to help return the assets. Meanwhile, Curve is yet to comment in relation to the recovery of the funds.