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US freezes stolen crypto

US freezes stolen crypto

Binance co-CEO Richard Teng said customers will not bear losses from the Oct. 29 cyberattack, which the exchange said affected assets worth about $6.3 billion and has been fully covered. U.S. authorities and private-sector partners have frozen more than $2.7 billion in stolen cryptocurrency, with court authorization to seize or restrain more than $1.2 billion. Investigators attributed the theft of more than $6 billion to North Korean hackers.

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