The CEO of the world’s largest crypto exchange says that executives from one of its clients recently fell victim to a multi-million-dollar heist.
In a post on social media platform X, Binance CEO Changpeng Zhao says the executives were lured into traveling to Montenegro for a purported business trip but were instead kidnapped and forced to empty their crypto wallets.
The robbery setup led to a total loss of around $12.5 million, but Zhao says the perpetrators can no longer access most of the stolen assets since Binance and its partners worked to freeze the wallet holding the ill-gotten funds.
Trending: House Republicans: Force Joe Biden To Explain Why Israel And Ukraine Are More Important Than America
“We investigated the on-chain activities and reached out to our partners earlier today to have the wallet frozen, as all of the funds were taken
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!