Investors pull billions in funds from Binance after record $6.3bn hack
Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North Korea Investors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts.
- The Federal Bureau of Investigation (FBI) says North Korea was responsible for the hack.
- Experts identified North Korea as the probable culprit.
Cryptocurrency exchange says 90% of losses covered as FBI blames North Korean state-sponsored group TraderTraitor The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn (£4.7bn) hack.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →