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Mercado Bitcoin: Has Frozen $11 Million in Implicated Assets

Nov 3, 07:22

On November 3, Mercado Bitcoin announced that the assets involved in its security incident amount to approximately $38 million. Through partners including Tether, Circle, Paxos, BRL1, and Chainalysis, $11 million has already been frozen. Other freeze-eligible funds have been identified, and recovery efforts are ongoing.

Mercado Bitcoin stated that it has temporarily suspended services to safeguard customer assets, confirming that users will not suffer any losses from this security incident. Services will resume once full security compliance is achieved, with the restart timeline to be announced via official channels.

previously reported that, based on OnchainLens monitoring, approximately $5.55 million in assets across three addresses linked to the incident have been frozen.

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