CZ Praises US Authorities for Halting $6B Binance Hack Fallout

The co-founder and former CEO of Binance praised the role U.S. law enforcement agencies played in handling the aftermath of the over $6 billion hack the exchange suffered at the hands of North Korean hackers, crediting them with keeping the market afloat. CZ Praises US Role in Binance Hack Aftermath As Binance continues to recover […]
Key Takeaways
- The co-founder and former CEO of Binance praised the role U.S.
- law enforcement agencies played in handling the aftermath of the over $6 billion hack the exchange suffered at the hands of North Korean hackers, crediting them with keeping the market afloat.
- CZ Praises US Role in Binance Hack Aftermath As Binance continues to recover […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Thorchain Glitch Blocks Binance Hack Route as FBI Presses Nodes
A one-block Ethereum reorganization on Saturday triggered a double refund involving 10 ETH on Thorchain, setting off an emergency pause that disrupted cross-chain swaps across most of its supported networks. Chainalysis said the malfunction inadvertently…

North Korean hackers launder $242 million of Binance loot via Tron as FBI presses THORChain: analyst
Crypto bridges Relay, THORChain, Chainflip and Symbiosis moved about $140 million of stolen funds off Tron, with Relay handling the most at $48 million.

North Korea’s $1.4B Bitcoin Haul From Binance Hack Remains Untouched
On Oct. 29, during the Binance hack, approximately 18,270.2 BTC worth $1.4 billion was stolen, with the Federal Bureau of Investigation (FBI) subsequently identifying the Democratic People’s Republic of Korea (North Korea) as the principal perpetrator. The…