Hack Attack: Cryptocurrency Exchange Binance Resumes Withdrawals After Billion-Dollar Heist
The first phase is set to begin on Sunday and will include, among others, Bitcoin, Ether and Dogecoin. The FBI holds North Korea responsible for the world's largest digital robbery.
Binance, the world's largest cryptocurrency exchange, plans to gradually resume withdrawals after a record $6.3 billion theft of digital currencies. The first phase, which was set to start on Sunday, will include Bitcoin, Ether, and Dogecoin, according to a statement on online platform X. Binance claims to have covered 95% of the stolen amount, with the remaining 5% consisting of less liquid assets that may take longer to replace.
The US Federal Bureau of Investigation (FBI) has attributed the theft to a North Korean hacking group called "TraderTraitor", and expects further money laundering.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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