Binance Fighting Questions and Accusations!

Binance pushed back against reports that it delayed action in the Upbit hack.

Danielle du Toit
December 15, 2025

Here's what we've got for you today:

Binance pushed back against reports that it delayed action in the Upbit hack, saying it acted immediately to freeze funds.

Binance rejected claims that it delayed or only partially froze funds linked to last month’s Upbit hack, calling the reports inaccurate and unsubstantiated.
The exchange said its security and investigations teams identified the incident quickly and immediately took action to help freeze related transfers and limit further movement of funds.
Binance added that it has been working closely with law enforcement to monitor the situation and provide ongoing support.

Exor has rejected Tether’s €1 billion takeover bid for Juventus.

Exor, the Agnelli family’s holding company and long-time owner of Juventus, unanimously rejected an unsolicited takeover bid from stablecoin issuer Tether.
Tether submitted a binding all-cash offer to buy Exor’s 65.4% controlling stake and planned a public offer for the remaining shares at the same price.
The bid valued Juventus at just over €1 billion, above its market capitalization, but Exor said it has no intention of selling its stake to any third party.

MoonPay president Keith Grossman says meme coins are not dead despite the market downturn.

MoonPay president Keith A. Grossman said meme coins are not dead, and argued that the sector is in a downcycle and will return in a different, more evolved form.
Grossman said the real innovation behind meme coins is the ability to tokenize attention cheaply via blockchain, allowing more participation in the attention economy rather than value being captured only by platforms and major influencers.
He compared the current pessimism around meme coins to early doubts about social media, and pointed out that initial failures preceded later platforms that transformed the sector into a major cultural and economic force.

Security Alliance warned of North Korea–linked fake Zoom scams that have stolen over $300 million from crypto users.

Security Alliance (SEAL) warned of ongoing scam campaigns linked to North Korean hacking groups using fake Zoom meetings, More than $300 million has already been stolen from crypto users, developers, and protocol teams.
The scams typically start on Telegram, where attackers impersonate known contacts and lure victims into Zoom calls using convincing but subtly altered links and recycled real video footage.
During the call, attackers claim technical issues and persuade victims to install a fake update, which deploys malware that gives hackers access to sensitive data before the call is abruptly ended.

That’s it for today. Don’t forget to share Coinpaper Digest with your friends!