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Henri Arslanian, former PwC Crypto Leader and Co-founder & Managing Partner at Nine Blocks Capital, addresses the practical impact of the Binance hack in a short video recorded in an airport lounge in New York. In the video, he shares his perspective on various aspects of the hack, including what happened, when, who was involved, and how, as well as his views based on the available information.
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Initial reports indicated that Binance was hacked, with $3-4 billion in assets reportedly moved, according to Arslanian's earlier coverage. Tether and Circle responded by freezing related assets following the incident. In a separate context, Arslanian has also commented on an OCC report regarding crypto industry debanking.