<h3 id="as-the-price-plummets-the-funds-of-the-hacker-who-illicitly-acquired-1-million-bnb-tokens-last-year-now-face-a-perilous-risk-of-liquidation">As the price plummets, the funds of the hacker who illicitly acquired 1 million BNB tokens last year now face a perilous risk of liquidation</h3>The perpetrator behind the theft of approximately 2 million BNB altcoins, valued at around $600 million, from the <a href="https://www.bnbchain.org/en/smartChain" rel="noopener noreferrer nofollow">Binance Smart Chain</a> Bridge in October 2022, now faces the looming threat of losing a significant portion of their ill-gotten gains.Nevertheless, with a mere health factor of 1.23, the hacker’s account remains highly vulnerable, as any dip in the BNB price below $220 would trigger the protocol to liquidate their collateral. The sold assets would be offered to other users at a discounted rate. <a href="https://cryptosheadlines.com/bnb-hacker-embezzles-600-million-liquid-highlighting-criticality/" rel="noopener noreferrer nofollow">Read More...</a>Follow Cryptos Headlines On <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News:</a>Join Cryptos Headlines Community: <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">https://linktr.ee/cryptosheadlines.com</a>

BNB Hacker Embezzles $600 Million Liquid, Highlighting Criticality

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