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24h Vol: $66,957,122,584

Coin Edition

2023-01-16 13:00:00

Binance Team Foils Money Laundering Attempt on Rival Exchange Huobi

Binance Team Foils Money Laundering Attempt on Rival Exchange Huobi

The largest crypto exchange, Binance, assisted a rival Chinese business, Huobi Global, in recovering 124 Bitcoin (BTC) worth $2.58 million from a bridge exploit last year. The CEO of Binance, Changpeng Zhao (CZ), tweeted about the recovery, noting that the Harmony Bridge hacker had previously attempted to launder the proceeds from their exploit via Binance, The post Binance Team Foils Money Laundering Attempt on Rival Exchange Huobi appeared first on Coin Edition .

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