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FBI seizes more than $1.2 billion in bitcoins stolen in Binance hack

FinanceInternationalLa VanguardiaAI summary
Image: La Vanguardia

The FBI has seized more than $1.2 billion in cryptocurrencies stolen in the Binance hack, the agency said. The theft, of about $6.3 billion, is the largest in cryptocurrency history and the FBI attributes it to the North Korean group TraderTraitor. The U.S. government and the private sector have frozen more than $2.7 billion of the stolen funds, and the Justice Department obtained judicial authorization to retain more than $1.2 billion. Binance reimbursed all funds to users.

In 40 seconds

  • The FBI seized more than $1.2 billion in cryptocurrencies stolen in the Binance hack.
  • The theft, of about $6.3 billion, is the largest in cryptocurrency history and is attributed to the North Korean group TraderTraitor.
  • The U.S. and the private sector have frozen more than $2.7 billion of the stolen funds.
Read the full story at La Vanguardia

IASummary generated by artificial intelligence from a story by La Vanguardia. It may contain errors: the original source prevails.

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