US Secret Service teams up with Circle to recover funds stolen from Binance
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4 Articles
FBI and Secret Service join Binance hack probe as Circle freezes $823 million in USDC
🚨 FBI and Secret Service join global investigation into the $6.3 billion Binance hack. 🧊 Circle froze $823 million in USDC connected to the theft, limiting attacker access to $USDC. 🌍 Binance pledged $6.34 billion for coverage, but return of funds to users remains unresolved. Continue Reading:FBI and Secret Service join Binance hack probe as Circle freezes $823 million in USDC
The U.S. Secret Service coordinates with Circle the recovery of stolen funds from Binance, while the exchange promises to cover losses and authorities track scattered assets in 10 blockchains. *** The October 29 attack would have subtracted about $6.3 billion in just 20 minutes. Circle froze more than $800 million in USDC and Tether blocked about $1.570 million in USDT. Binance claims it will draw on its SAFU fund, with more than $6.340 million,…
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