Technology · 1 hour ago
FBI Seizes $1.2bn Stolen In Record Binance Crypto Hack
G. Edward Johnson, CC BY 4.0, via Wikimedia Commons
American authorities have won court approval to seize or restrain more than $1.2bn of cryptocurrency taken in last month's raid on Binance, the world's largest exchange. The FBI blames North Korean military hackers for the roughly $6.3bn theft, the largest on record. About $2.7bn has been frozen so far, while investigators chase the rest through mixers and exchanges. North Korea denies involvement in the hack.
Reported by AP News · How we write briefs