WLFI co-founder says $27 million in USD1 tied to Binance hack incident has been frozen

WLFI co-founder says $27 million in USD1 tied to Binance hack incident has been frozen

N
News Editor
2026-10-30 00:37:44
WLFI co-founder Zach Witkoff said the team has proactively frozen $27 million in USD1 linked to the Binance hack incident. In a post on X, Witkoff said the move was taken as part of the team’s effort to support industry partners. He added that protecting users and stopping malicious actors from moving stolen funds is a shared responsibility. The statement did not provide additional details beyond the amount frozen and its connection to the Binance hack incident. The post was published through Witkoff’s X account, which was cited as the source of the update.

WLFI co-founder Zach Witkoff said in a post on X that the team has taken proactive action to freeze $27 million in USD1 tied to the Binance hack incident.

Witkoff wrote, 「We support our industry partners. Protecting users and preventing malicious actors from moving stolen funds is a shared responsibility.」

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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