Binance and Huobi worked together to freeze and recover 121 Bitcoin from hackers behind the Harmony bridge exploit.
Binance CEO Changpeng Zhao announced that the hackers have tried to launder their funds through the Huobi exchange. After this was detected by Binance, they contacted and assisted Huobi to freeze and recover the digital assets deposited by the hackers.
According to Zhao, the exchanges recovered a total of 121 BTC, which is estimated to be worth around $2.5 million. In a recent post, on-chain crypto detective ZachXBT also highlighted prior to Binance and Huobi freezing and detecting the funds, the hackers behind the exploit were moving around 41,000 Ether worth around $64 million in the last weekend.
