Campbell proposed a 24-hour wait for a $1 billion transfer

Austin Campbell, founder and managing partner of Zero Knowledge Group, proposed a mandatory 24-hour delay for cryptocurrency transfers of $1 billion or more, responding to the recent Binance hack. Speaking on the Unchained podcast "Bits + Bips," Campbell said the rule would apply automatically once a transfer exceeds a set threshold, rather than requiring per-transaction human approval. He argued that crypto systems are engineered around technical risk but have not adequately accounted for financial risk, leaving security gaps outside the technology layer. The proposal matters because large transfers currently settle in minutes, giving counterparties little time to catch errors or breaches before funds move irrevocably. What to watch next is whether exchanges and custodians adopt automatic time locks for large transfers, and at what threshold such a rule would be set.