Binance Under Scrutiny as Billions in Crypto Leave Exchange Wallets; Tether and Circle Freeze Over $1 Billion in Stablecoins
Binance is investigating a potential security incident after several billion dollars in digital assets moved out of its wallets. Tether and Circle have frozen well over a billion dollars in stablecoins, while on-chain trackers place the total outflow between $3.3 billion and $5.8 billion.


