Hackers Still Hold $287M in Stolen Crypto That Can't Be Frozen, Blockaid Says
- —Just $9.8M of $1.18B stolen was returned to victims, or 0.8%
- —$287.1M across 16 incidents remains unfreezable
- —About $229M traces to the April Drift exploit, held as 107,165 ETH
- —Median time for attackers to move funds after an exploit was 17 minutes
Why it matters: The report shows recovery of stolen funds remains rare, and protocols need freeze mechanisms in place before an attack.
Source: Unchained