Security· ★★★· bearish·

Binance hacker dumps little-known 2017 token, price crashes 90%

  • —Binance hacker sold a little-known token issued in 2017
  • —The token's price fell 90% after the sell-off
  • —The dump extends a series of liquidations of stolen altcoins
Why it matters: The sale shows the hacker is still converting stolen assets, adding pressure on illiquid tokens.
Source: CoinDesk
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