Privacy Cash pauses deposits after $1.2m in Binance-linked inflows
Photo: crypto.news
Privacy Cash has temporarily paused deposits following the Binance hack, saying it will strengthen wallet screening after investigators traced about $1.2 million in theft-linked funds into its privacy pools. Deposits are temporarily paused, while Privacy Cash says withdrawals will remain available. Elliptic traced about $1.2 million in theft-linked ETH and SOL into the protocol. Privacy Cash’s documentation already describes wallet screening designed to reject addresses flagged as malicious. The team said screening improvements are underway but gave no date for deposits to resume. Privacy Cash announced the suspension in a Nov.
Also reported by The Defiant.
Source: crypto.news
