Binance Begins Recovering Assets as the Hunt for Stolen Funds Intensifies
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Binance hack: Recovering $6.3 billion in stolen crypto | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker - National Cyber Security Consulting
Jakub Porzycki | Nurphoto | Getty ImagesCrypto firms and law enforcement are racing to recover more than $6 billion worth of cryptocurrency stolen from Binance before hackers manage to hide the funds.The firms say they're in a "cat and mouse game" against alleged North Korean hackers who are using a combination of crypto obfuscation techniques […] Thank you for subscribing to our RSS feed!
According to CNBC, TRM Labs and Chainalysis attribute Binance's hack to the North Korean group and run to recover $6.3 billion in crypto
Binance states that it has already started to recover affected assets for its users and that it works with industry authorities and companies to track, freeze and recover additional funds.
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