U.S. bank supervisors from the Federal Reserve and the Office of the Comptroller of the Currency have started contacting lenders to ask about unusual activity or service disruptions, Reuters reported, citing several people familiar with the matter. The outreach began Monday, following the $6.3 billion theft from Binance last week. One contacted bank reported no interruptions. A cybersecurity team at a major American bank reached out to Binance within hours and is preparing an internal report that could lead to system reviews. Binance says the attack started with a bogus recruitment interview, and analysts at Chainalysis and TRM Labs tie it to a North Korea-linked unit. Regulators have not yet issued new guidance connected to the incident.
Why it matters: It signals that regulators are weighing the crypto breach as a possible threat to traditional banks, as ties between lenders and crypto firms deepen.
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