FBI recovers $1.2 billion in cryptocurrency stolen from Binance | HappeningNow.news

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FBI recovers $1.2 billion in cryptocurrency stolen from Binance

Washington — The FBI said Thursday that it had seized more than $1.2 billion of cryptocurrency reported stolen last month from Binance, the world's largest crypto exchange.

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The FBI announced Thursday that it seized more than $1.2 billion in cryptocurrency that was reported stolen from Binance, the world’s largest crypto exchange, last month. The theft, amounting to about $6.3 billion, is considered the biggest crypto heist in history. Federal investigators have previously linked the breach to the North Korean hacking group known as TraderTraitor. The recovery represents a significant portion of the stolen assets, though the majority of the funds remain unaccounted for.

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