All Things Crypto

ATC quote · Oct 29, 2026 · 0:24:12

“Yeah. A 100% is. I just wanna chime in on that. So someone that... A dev that can prove or a someone that has access to the funds on the operational side at Binance would have to prove through..…”

btcTed @btc_ted (speaker unconfirmed)

From All Things Crypto/Binance Exploit, Oct 29, 2026 · Episode page

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0:23:46 Moni @monitalan (speaker unconfirmed): Yeah. I mean, Jeremy Alter from Circle... Sarah Aler, sorry, from Circle said Circle is closely tracking reports of a potential exploit involving finance. In coordination with law enforcement, we have frozen more than 800,000,000 USDC associated with the incident, and we'll continue supporting the investigation. I wonder if it's when law enforcement gets involved. Remember last time, they didn't wanna get involved.

0:24:12 btcTed @btc_ted (speaker unconfirmed): Yeah. A 100% is. I just wanna chime in on that. So someone that... A dev that can prove or a someone that has access to the funds on the operational side at Binance would have to prove through... With the cyber agency within the law enforcement. And then in coordination, they would reach out to the stablecoin issuers. And so it does set a precedent. And when that can be issued, is up to interpretation in the…

0:25:09 Ryan @Rlad1776 (speaker unconfirmed): But they can they can... So, Ted... So, Tethr or, Circle can freeze funds even though Binance is not freezing funds. Is that what I'm hearing?

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