Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds
Education The Economic Times 1 day ago

Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds

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Binance, the largest cryptocurrency exchange, plans to resume withdrawals in phases starting Sunday. This decision comes after recovering approximately 95% of the $6.3 billion stolen during a digital heist. The FBI has attributed this large-scale cyber theft to a North Korean state-sponsored unit. Withdrawals will include several popular cryptocurrencies such as bitcoin, ether, and dogecoin. The remaining stolen assets are less liquid and may take longer to source.

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