FBI and Secret Service Join Binance Investigation Into Massive $6.4B Crypto Theft

In a joint operation, the FBI , the U.S. Secret Service , and Binance launched an investigation to track the unprecedented hack of approximately $6.4 billion in digital assets. On-chain intelligence firms such as TRM Labs and Chainalysis attributed the attack to TraderTraitor , a cybercriminal group linked to North Korea that targeted hot wallets across multiple chains. The magnitude of the cyberattack triggered an immediate containment response across the crypto industry . Stablecoin issuers such as Tether and Circle have already frozen hundreds of millions of dollars associated with the stolen funds to mitigate the impact on the global market.

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