Synthetix said SNX stolen from Binance has been recovered by the Synthetix protocolDAO and is now being held in the protocolDAO’s Safe multisig wallet. The project said it has already notified Binance and will return the tokens in line with Binance’s request. On-chain data cited in the update shows that at 07:03 today, about 8.4057 million SNX, worth roughly $1.5455 million, was transferred from an address labeled "Binance Hot Wallet Exploiter 2" to Synthetix protocolDAO. The statement frames the transfer as a recovery of the stolen assets, with custody currently sitting in the DAO-controlled multisig pending the return process requested by Binance.
Synthetix said SNX stolen from Binance has been recovered by the Synthetix protocolDAO and is currently held in the protocolDAO’s Safe multisig wallet.
The project said it has notified Binance and will return the assets in accordance with Binance’s request.
On-chain data shows that at 07:03 today, about 8.4057 million SNX, worth roughly $1.5455 million, was transferred from an address labeled "Binance Hot Wallet Exploiter 2" to Synthetix protocolDAO.
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