Duo – Coin Network News https://coinnetworknews.com If it's coin, it's news. Mon, 27 Feb 2023 08:48:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 Authorities in France Arrest Duo Involved in Platypus Exploit https://coinnetworknews.com/authorities-in-france-arrest-duo-involved-in-platypus-exploit/ https://coinnetworknews.com/authorities-in-france-arrest-duo-involved-in-platypus-exploit/#respond Mon, 27 Feb 2023 08:48:21 +0000 https://coinnetworknews.com/authorities-in-france-arrest-duo-involved-in-platypus-exploit/

Of the $9 million in stolen assets, Platypus said it has recovered 2.4 million USDC and 687,000 BUSD, it has also worked with Tether to freeze 1.5 million USDT. French police seized approximately $220,000 worth of crypto as part of the arrest. USDC, USDT and BUSD are all stablecoins that are designed to reflect the price of fiat currencies like the U.S. dollar.

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