Experts split on Binance hack asset freezes as recovery questions linger
AI summary
After a Binance hack, Tether, Circle and other stablecoin issuers froze billions in stolen crypto within hours. Legal experts are split on whether such asset freezes are appropriate and warn that recovering the funds is a separate, harder problem. Traders should watch how issuer-level freezes are used, since they set a precedent for how stolen funds are handled and could affect confidence in stablecoins.
