Of the $9 million in stolen assets, Platypus said it has recovered 2.4 million USDC and 687,000 BUSD; it has also worked with Tether to freeze 1.5 million USDT. French police seized approximately $220,000 worth of crypto as part of the arrest. USDC, USDT and BUSD are all stablecoins that are designed to reflect the price of fiat currencies like the U.S. dollar.
Source: https://www.coindesk.com/business/2023/02/27/authorities-in-france-arrest-duo-involved-in-platypus-exploit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines