US Authorities Seize Approximately $1.2 Billion in Stolen Binance Crypto Assets
- 1US authorities seized approximately $1.2 billion in crypto assets from the stolen Binance funds last month.
- 2Of the more than $6 billion stolen from Binance on October 29, the US government and private sector secured more than $2.7 billion in frozen funds.
- 3Authorities also seized cloud-based infrastructure related to more than $400 million in crypto assets stolen through the FaceStealer scam over more than 18 months.
So what's the key point?
The US government has recovered approximately $1.2 billion of the crypto assets stolen from Binance. This means a portion of the large amount that was stolen has been secured.
Source CNBC · View original ↗
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