CZ: U.S. law enforcement agencies assist in tracking and freezing
Original headlineCZ：美国执法机构协助追踪和冻结币安被盗资金
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CZ, co-founder of Binance, said US law enforcement agencies including the FBI, US Secret Service, and IRS helped track and freeze funds stolen in the Binance hack, crediting their work with helping prevent a further drop in Bitcoin's price. The FBI previously attributed the theft of over $6 billion in virtual assets from Binance to North Korea, with investigators observing that attackers mainly converted the stolen assets into ETH. The incident underscores the growing role of US agencies in crypto crime recovery and their potential influence on market stability. Watch for updates on fund recovery progress and any further movement of the stolen ETH.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Binance, CZ, USSS, IRS, FBI, North Korea