Post
Headboy
The Binance hacker may have just pulled off one of the smartest moves I've seen in the cryptocurrency space.
First, Tether froze $1.5 billion worth of $USDT.
Then, Circle froze $800 million worth of $USDC.
At the time, it seemed the hacker's funds were trapped.
But obviously, he had planned for this long ago.
Reportedly, he didn't keep the stolen USDT in a wallet but deposited it into Aave and used it as collateral to borrow ETH.
Then he walked away.
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