Binance is working with law enforcement agencies worldwide, including the Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS), after a massive cyberattack that led hackers to steal a record USD 6.3 billion from the cryptocurrency exchange. A person familiar with the situation confirmed the development to Reuters on Friday, October 30.
The involvement of US law enforcement agencies marks a significant development in the investigation into what could be one of the largest financial heists in history. However, authorities have not publicly disclosed details of the investigation or progress in tracing the stolen cryptocurrency.
According to the source cited by Reuters, Binance is cooperating with law enforcement agencies internationally, including the FBI and the US Secret Service, following the security breach.
The US Embassy in London declined to comment. Meanwhile, the US Secret Service did not respond to an email requesting comment, which was sent outside regular US business hours. Neither agency has publicly provided further details about its involvement in the investigation.
The investigation follows a security breach in which hackers stole about USD 6.3 billion from Binance, the world's largest cryptocurrency exchange.
The incident has raised concerns across the digital asset industry, given the scale of the reported theft. It has also drawn attention to the security risks associated with cryptocurrency exchanges and the need to protect digital assets.
Binance has been working with law enforcement agencies and other industry participants following the incident. The exchange is also facing scrutiny over the circumstances surrounding the breach and the efforts to recover the stolen funds.
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The latest development comes as the cryptocurrency industry continues to assess the attack's impact. The involvement of the FBI and US Secret Service adds an international law enforcement dimension to the investigation.
However, several details remain unclear, including the full circumstances of the attack, the identity of those responsible, and the extent of the agencies' involvement.
For now, Binance's cooperation with law enforcement remains central to efforts to investigate the USD 6.3 billion theft and determine what happened to the stolen assets.