According to Mars Finance, Yuxian, the founder of the Slow Mist team, conducted an on-chain analysis regarding the incident where the MyStonks platform froze $6.2 million of user assets. The data shows that the involved funds mainly came from withdrawal operations on the Binance exchange, where users traded STONKS against USDT on a decentralized exchange using the SOL address 7QQ8N8S. If it is true that the MyStonks platform complied with the risk control request from law enforcement, the subsequent investigation may focus on the user's transaction records on the Binance platform. Previously, user @thcaroline2233 reported that approximately $6.2 million in funds in their MyStonks account were unable to be withdrawn.
Slow Mist's Yuxian: Most of the $6.2 million assets frozen by MyStonks platform originated from Binance withdrawals
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
188.06
-4.40%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@MarsBit_News