Annie 所长|11月 02, 2026 04:18
Gate's response was astonishing; it immediately froze the North Korean hackers' $250,000 in USDD.
Over the weekend, the hackers had already laundered $242 million using multiple cross-chain bridges and were now frantically searching for an outlet to cash out.
Decentralized stablecoins like USDD, with their low liquidity, couldn't be absorbed by DEXs. Gate, with its good liquidity, might have been testing the waters on CEXs and OTC markets with small-scale transactions, hoping for a quick in-and-out run, but it failed.
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