WiremarketsDextape brief
Binance Starts Withdrawal Recovery as FBI Blames North Korea for $6B+ Hack
Deposits have remained available throughout the incident and were not affected, the company noted.
Dextape brief
Binance intends to restart withdrawals in stages, starting between 06:00 and 09:00 UTC, within 72 hours of a theft the article calls the biggest in dollar terms on record. The first stage covers 15 networks including Bitcoin, Ethereum and Solana, with more added once ready. The company said 95% of affected funds have been replaced, up from 90% on Saturday, with major balances fully covered. The FBI attributed the breach to North Korean hackers in a campaign called TraderTraitor and said stolen assets are already moving through laundering routes. US agencies asked industry players to block transactions tied to attacker addresses. Trump said he would speak with North Korea if responsibility is confirmed.
Why it matters: The phased reopening and FBI attribution show how a major exchange hack is being handled, both in restoring user access and tracing the stolen funds.
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