Nice maneuver made by Binance and good to see that they were able to track the fund that came from cryptopia. Anyone has an idea on how much that 'some' funds was?
So I guess another angle has surface, perhaps it was a inside job or something. Let's see how it pans out.
Or he was just too careless and confident that the funds he stole will never be tracked by Binance. But good to see that Binance do act with such hackings once it penetrated to their exchange addresses.
Maybe I think that way, the thief is too stupid and doesn't know that the Binance system exchange is very good for that. Yes, hopefully the Binance system will continue like this so that users who trade at Binance will be very safe from thieves.
I have read and understood what happened base on what bL4nkcode said.
But good to see that Binance do act with such hackings once it penetrated to their exchange addresses.
Base on some of his tweets, some people on social media did report the transfer to binance and to CZ that's why they act immediately.
The community helped the funds to be traced and followed. Thanks to those tweets and posts of the concerned citizen of those stolen funds. Good to see that they really act accordingly upon knowing that it went through their system.