Binance investigating ~$2.5B hot wallet outflow; Tether, Circle reportedly freeze ~$1.8B in USDT and USDC

About $2.5B moved out of Binance hot wallets to a fresh address funded via Tornado Cash. Tether and Circle reportedly froze ~$1.8B in USDT and USDC, and Binance says it is investigating. Not yet confirmed as a hack; BNB fell as much as 9%.

Detected & updated continuously · Source: Nebula