FOX · 2026-11-13 02:13 UTC

US authorities freeze billions in stolen Binance crypto after massive North Korean hack

Federal authorities and private-sector partners have frozen more than $2.7 billion in crypto stolen in an Oct. 29 cyberattack on Binance, attributed to North Korean hackers. The Justice Department says the stolen total exceeded $6 billion, and officials obtained court authorization to seize or restrain more than $1.2 billion in assets. Binance said it has finished covering affected assets, with an estimated total impact of about $6.3 billion, and published an updated Proof of Reserves.

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