Some stolen 1INCH cannot be frozen; 1inch has blocked addresses related to the Binance exploit

Odaily reports: According to 1inch monitoring, 1inch is aware of the Binance exploit incident and is in contact with the Binance team to provide support. The 1inch risk management team, in collaboration with ZeroShadow, SEAL 911, TRM Labs, and others, blocked addresses related to the exploit in the 1inch DApp, 1inch Wallet, and 1inch API within the first hour after the incident, and continues to add newly identified addresses; the same list will also be provided to parsers and integrators. 1inch stated that the stolen assets include some 1INCH tokens. 1INCH is a standard ERC-20 token and does not have freeze or blacklist functionality, so the stolen tokens cannot be frozen by anyone. 1inch said it will fully cooperate with Binance and law enforcement to track and recover the relevant assets.