A New York court has approved an extension to freeze $63 million in stolen USDC associated with the Multichain hack, advancing efforts to recover the assets. The court’s decision is a pivotal development in the ongoing investigation into the Multichain incident. This freeze aims to prevent the stolen assets from being transferred or liquidated, safeguarding them for future recovery efforts. Multichain has been actively pursuing legal avenues to reclaim the funds and restore trust among its users. The court’s ruling reflects the seriousness of the situation and the commitment to addressing financial crimes in the cryptocurrency space.
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