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Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

Publisher
BBC News (News media)
Original
https://www.bbc.co.uk/news/articles/cwe8lp7zy07zo?at_campaign=rss&at_medium=RSS
Published
First seen
Last captured
Watched for edits
No

Capture history

Newest first. The raw hash is the SHA-256 of the stored copy exactly as fetched. We keep the copy privately and publish its hash. The text hash is of the text extracted from it, which is what is compared between captures.

Captured (UTC)Fetched viaHTTPRaw sha256Text sha256Text changed
firecrawl-web082002661b576177da1dc71736468cc447b3cb34355ab5ace7fd738407f0ea5588e7afb6b4a39edab29b582ee52353750b090efa13d5f41440a7f3d3f6bb6c12593ddNo

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Claims quoted from this source

ReportedreservesStatement 334

The BBC reported that crypto history watchers online were pointing out that Binance's message that customer funds will be covered resembles a message given by the FTX CEO before FTX collapsed in 2022.

But crypto history watchers have been pointing out online that this is exactly the kind of message that FTX CEO Sam Bankman-Fried gave before his crypto exchange collapsed in 2022, leading to huge losses for customers and the industry.

Speaker
Not recorded
Publisher
BBC News (News media)
Original
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
Captured
Stored copy
sha256 2661b576177d
Published
ReportedreservesStatement 335

The BBC reported that several experts warned customers not to regard Binance's promise to cover losses as legally binding.

Several experts have warned customers not to regard Binance's promise to cover losses as legally binding and said they may need to pursue litigation to recover them.

Speaker
Not recorded
Publisher
BBC News (News media)
Original
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
Captured
Stored copy
sha256 2661b576177d
Published
ReportedwithdrawalsStatement 336

The BBC reported that Binance had initially suspended all deposits and withdrawals but then said in an update that deposits remain unaffected.

It had initially suspended all deposits and withdrawals - but then said in an update that "deposits remain unaffected".

Speaker
Not recorded
Publisher
BBC News (News media)
Original
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
Captured
Stored copy
sha256 2661b576177d
Published
Reportedroot causeStatement 337

The BBC quoted Richard Teng as saying the attack was not carried out by one person.

This was not carried out by one person.

Speaker
Richard Teng
Publisher
BBC News (News media)
Original
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
Captured
Stored copy
sha256 2661b576177d
Published
ReportedreservesStatement 401

The BBC reported that Binance said in 2024 that it had more than $160bn in assets under its custody.

The company said in 2024 that it had more than $160bn in assets under its custody.

Speaker
Not recorded
Publisher
BBC News (News media)
Original
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
Captured
Stored copy
sha256 2661b576177d
Published