Binance working with FBI to recover assets following $6.3B hack
Summary
Binance is cooperating with the FBI to recover funds from a record $6.3 billion exploit, according to a source familiar with the matter. Binance said it is working with law enforcement and industry partners, which have frozen $3 billion of the stolen funds. The exchange also said it reserved more than $6.34 billion to cover losses, including $5 billion held in the stolen tokens. Binance did not identify the agencies involved in its public statement, and the FBI had not responded to a request for comment. The exchange reported $134 billion in reserves and about $6 billion in outflows over the previous 24 hours.
