Binance CEO Changpeng Zhao (CZ) shared remarkable details about a cryptocurrency-related kidnapping case in Montenegro.
CZ, CEO of Binance, the world’s largest cryptocurrency exchange, dated November 10 by sharing created the agenda. CZ, senior executives of a project that is among Binance’s customers Montenegro of Montenegro to the region during their invited business trip He stated that he was kidnapped.
According to CZ’s report, those who kidnapped senior executives and the victims Emptying cryptocurrency wallets by forcing about $12.5 million seized valuable assets.
Binance CEO says stolen funds TRON (TRC-20) in the network To Tether (USDT) He emphasized that it had been transformed. Stating that they keep a strict on-chain monitoring, CZ said that the funds are $11.8 million He stated that they froze the part:
One of our client’s senior executives went on a ‘business trip’ to Montenegro, where they were kidnapped and forced to empty their wallets. Total loss is approximately $12.5 million. We investigated on-chain activity and contacted our partners earlier today to freeze the wallet as all funds were received in USDT and transferred to the TRON wallet. We managed to freeze approximately $11.8 million of the $12.5 million stolen.
The real deal. Stay safe!