Binance Suspected of Being Hacked; Bitcoin Panic Sells Off Starting at 4:20 AM, large outflows of $2.8-3.5 billion occurred from hot wallets, with funds originating from Tornado Cash across multiple blockchains. Tether: $971 million USDT frozen; Circle: $823 million USDC frozen. @cz_binance: It looks like a hack. User funds are safe, and full compensation is expected. Binance Official: Under investigation; user funds not yet confirmed to be affected. BTC