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Binance Hacker's Bitcoin Holdings Now Exceed Coinbase's Corporate Treasury
(2 hours ago) · 1 source · Summarized by CryptoBipto
The hacker responsible for a past Binance exploit reportedly holds more Bitcoin than Coinbase maintains in its corporate treasury. The comparison highlights how stolen funds from major exchange breaches can accumulate significant value over time as Bitcoin's price changes.
WHY IT MATTERS
When a cryptocurrency exchange is hacked, the stolen coins do not disappear.
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SOURCES
- cointelegraph.com
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