Circle has frozen $823 million USDC suspected to be related to large abnormal outflows from Binance.

BlockBeats news, October 30th, according to market sources combined with on-chain data, Circle has frozen $823 million USDC on-chain, suspected to be related to a large anomalous outflow from Binance.

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Binance: Investigating potential security issues, user funds are completely safe

Binance hot wallet sees another outflow of 200 million USDT, Tether swiftly freezes it.

Binance wallet-related asset outflows reached $5.643 billion, with Tether and Circle having frozen $2.316 billion in stablecoins.

Tether has frozen over $1.567 billion in USDT, suspected to be linked to stolen assets from Binance.

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