Follow UsSecret Service, FBI Join Binance Hack Probe as Circle Freezes $823 Million
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30 Oct, 17:50
Source: Decrypt
AI Summary
A major security breach at Binance has resulted in $6.34 billion in losses, prompting FBI and Secret Service investigations and leading Circle to freeze $823 million in associated stablecoin funds.
Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.