DECRYPT · 2026-10-30 17:50 UTC

Secret Service, FBI Join Binance Hack Probe as Circle Freezes $823 Million

Binance suffered a $6.4 billion hack; FBI and Secret Service are investigating with international law enforcement cooperation. Circle froze $823 million in USDC and Tether froze $1.5 billion in USDT connected to the attack; both stablecoin companies can blacklist blockchain addresses to immobilize stolen funds. Blockchain intelligence firms linked the theft to TraderTraitor, a North Korean hacking group; Binance said it will cover all losses and has located or frozen approximately $3 billion with industry partners.

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