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Trump Flags Digital Money Risks After $6.3B Binance Heist

Picture: CoinGape

HIGHLIGHTS Trump said it’s “always felt” dangerous to move money digitally as the White House probes the $6.3B Binance hack. Chainalysis and TRM Labs tie the breach to North Korea’s TraderTraitor unit, though Trump said “We don’t know.” About $3B in stolen assets has been frozen, and Binance says its SAFU fund and reserves will cover losses. President Donald Trump said he has "always felt it was a little bit dangerous" to move money digitally, as the White House confirmed it is looking into the Binance hack that drained $6.3 billion from the world's largest crypto exchange.

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