# Tether freezes $1.5 billion within 30 minutes of Binance hack, but $729 million escapes

https://mins.news/en/item/127054

- CryptoSlate, 2026-11-03 12:00 UTC
- Economy
- Original: https://cryptoslate.com/tether-freezes-1-5-billion-in-30-minutes-after-binance-hack-but-729-million-escapes/

> Tether says it immobilized USDT after the Binance hack. US precedents, the report notes, show that custody, ownership and the return of funds are governed by separate decisions.

## Related coverage

- [Binance covers 95% of $6.3 billion stolen in record crypto hack](https://mins.news/en/item/126684) — TRT World, 2026-11-03
- [Crypto heist: Binance resumes withdrawals after covering most of US$6.3 billion in stolen assets](https://mins.news/en/video/124353) — CNA, 2026-11-01
- [Binance says 90% of $6.3 billion hack losses are covered, plans Sunday withdrawal restart](https://mins.news/en/item/123826) — CNBC, 2026-10-31
