Binance confirms FBI partnership to recover $6.3 billion stolen funds

Binance, the world’s largest cryptocurrency exchange by reserves, has begun collaborating with the US Federal Bureau of Investigation (FBI) to assist in the recovery of assets linked to the recent $6.3 billion exploit. This information came from a source familiar with the ongoing investigation. The exchange shared news of its cooperation with law enforcement in a recent post on the X platform, formerly known as Twitter. Binance did not specify which agencies were involved, but disclosed that it had been working closely with authorities to address the aftermath of the massive security breach.