Corleone|Oct 30, 2026 12:53
the Binance hacker might have just made one of the smartest moves in crypto
first, Tether froze $1.5B in USDT
then Circle froze another $800M in USDC
but apparently, the hacker was already one step ahead
instead of holding the USDT, he allegedly deposited it into Aave as collateral and borrowed ETH
here’s the crazy part
Tether can freeze the USDT, but it can’t freeze the ETH he already borrowed
so Aave could be stuck with frozen collateral while the hacker walks away with liquid ETH
billions frozen, yet DeFi may have given him a way out
pretty insane when you think about it
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