Binance and Huobi teamed up against hackers

Grand Time
Jan 28, 2023

Crypto exchanges Binance and Huobi have teamed up to return the money stolen by hackers Harmony One.

Crypto detective ZachXBT said in a tweet that hackers transferred several million dollars from accounts over the weekend.
Both Binance and Huobi security teams have organized a collaboration to freeze and recover 121 BTC from hackers.

Binance CEO Changpeng Zhao said in his tweet that hackers tried to “launder” their funds through the Huobi exchange.
Binance representatives contacted the competitor immediately after Binance discovered this. They helped Huobi freeze digital assets used by hackers.

“We have discovered the movement of the hacker foundation Harmony One. Previously, they tried to “launder” money through Binance, and we froze their accounts. This time they used Huobi. We helped the Huobi team freeze accounts. A total of 124 BTC was returned,” Binance said.

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