Gate freezes two accounts tied to Binance hacker after $250,000 in deposits
Cryptocurrency exchange Gate has frozen two accounts linked to the Binance hacker after Lookonchain alerted the platform to $250,000 in incoming deposits.
Cryptocurrency exchange Gate has identified and frozen funds across two accounts tied to the Binance hacker, according to reports from Cointelegraph, CoinGecko, and crypto.news. The intervention occurred after blockchain analytics platform Lookonchain alerted the exchange to $250,000 worth of deposits sent over a 12-hour period.[3][2][1]
Gate stated that it identified the relevant addresses following Lookonchain's alert and has initiated due diligence on the accounts. The exchange also pledged full cooperation with law enforcement agencies and the ongoing investigation into the hack.[1]
Key facts
- Gate froze two accounts linked to the Binance hacker containing $250,000 in funds.
- Lookonchain flagged the deposits totaling $250,000 made to Gate over a 12-hour window.
- Gate identified the accounts following Lookonchain's alert and commenced due diligence.
- Gate pledged full cooperation with law enforcement and the ongoing investigation.
Sources · 3 sources
- CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: Gate freezes two accounts linked to the Binance hacker after $250K in deposits The exchange says it identified the accounts following an alert from Lookonchain and has begun due diligence, pledging full cooperation with law enforcement and the ongoing investigation. https://t.co/x9PfwaD2BP
Open source - CO
CoinGecko@coingeckoPost on X ·
NEWS: Gate has successfully identified and frozen funds in two addresses containing $250,000 related to the Binance hacker. https://t.co/NjL1aWeqDQ
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🚨 NOW: Gate says it froze two accounts tied to the Binance hacker after Lookonchain flagged $250,000 in deposits to the exchange over 12 hours. https://t.co/WuWjVAZYCk
Open source