Binance Pursues Asset Recovery as Attacker Splits $1.4B in Bitcoin Across 19 Wallets

TL;DR Binance says its security incident affected $6.3 billion, with roughly $3 billion frozen onchain as recovery efforts continue alongside law enforcement and blockchain intelligence partners. The attacker split 18,270 BTC worth about $1.4 billion across 19 wallets. Bitcoin cannot be blacklisted at the protocol level, limiting direct freezing options. FUN plunged more than 90% in a Uniswap pool after 134.1 million stolen tokens were sold, while further FUN remains transferable. Binance is working with law enforcement and blockchain intelligence partners to trace and recover assets after a security incident affecting approximately $6.3 billion , according to an official update . The exchange says roughly $3 billion has been frozen onchain and that all losses will be covered.

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