General Bitcoin News
Binance's $6B North Korean Hack: Feds Freeze $2.7B, Exchange Covers All Losses
Key points
- U.S. authorities froze over $2.7 billion in cryptocurrency stolen from Binance during a $6 billion North Korean hack.
- The Justice Department obtained court authorization to seize or restrain an additional $1.2 billion in stolen assets.
- Binance fully covered all affected assets, estimated at $6.3 billion, and published an updated Proof of Reserves.
Fox Business22 hours ago96 views0 comments
