Binance working with FBI to recover assets following $6.3B hack

Binance is working with law enforcement to recover $3 billion that is frozen, after setting aside more than $6.3 billion from the company’s funds to cover the shortfall. Binance is working with the FBI to help recover some of the funds stolen in the record $6.3 billion exploit, a source familiar with the matter said on Friday. Cointelegraph contacted the FBI for more details about the collaboration but had not received a response by the time of publication. The cryptocurrency exchange revealed its cooperation with law enforcement in a Friday X post , without specifying the agencies involved.