It added that relevant security parties and crypto exchanges were contacted. “We are currently working with several parties…including Binance, Tether, and Circle, to freeze the funds of the hacker and prevent further losses. Right now, the USDT has been frozen.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
• Source: https://www.coindesk.com/tech/2023/02/17/how-solvency-check-error-led-to-usp-depegging-on-avalanche-based-platypus-finance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines