Experts split on whether crypto asset freezes after Binance hack will help victims recover funds

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Stablecoin issuers Tether and Circle reportedly froze billions of dollars in stolen cryptocurrency within hours of the Binance hack. Legal experts are divided over whether such rapid freezes can be extended to smaller victims who lack the same leverage. Commentators caution that freezing assets is different from actually recovering them, which can involve lengthy legal and jurisdictional hurdles. The debate highlights uneven protection across the crypto ecosystem depending on the size and profile of those affected.

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