Mercado Bitcoin Says Partners Froze $11 Million Tied to Incident
Photo: TokenPost
Brazilian crypto exchange Mercado Bitcoin said partners have frozen $11 million tied to a security incident involving about $38 million in assets, with additional freezeable funds identified as recovery work continues. The exchange put the value of assets involved at about $38 million. The $11 million already frozen represents roughly 29% of that estimate. Mercado Bitcoin said it has identified other funds eligible for freezing, and that related handling is still underway. The exchange named Tether, Circle, Paxos, BRL1 and Chainalysis as partners in the freeze effort.
Also reported by The Defiant.
Source: TokenPost
