Some of the issues:
β’ A defacto ban on tokenized equities
β’ DeFi prohibitions, giving the government unlimited access to your financial records and removing your right to privacy
β’ Erosion of the CFTCβs authority, stifling innovation and making it subservient to the SEC
β’ Draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition.
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+888 8 520 ($433.38k)
+888 8 080 ($372.29k)
+888 8 123 ($249.75k)
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Within roughly 20 minutes, about $700K were reportedly frozen before they could be fully swapped into privacy-focused assets.
After the funds were moved, the attacker rapidly laundered the Bitcoin using peel chains and multiple instant exchanges, ultimately swapping much of the stolen BTC into Monero to obscure its trail.
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