Binance: US Agencies Aided $6B Theft Recovery
CZ Binance credited FBI, USSS and IRS-CI with tracking and freezing assets stolen in the North Korea-linked $6 billion Binance hack on October 29, 2026, noting their role helped limit broader market fallout.
SourceAnalysis
Binance founder CZ publicly thanked US law enforcement agencies including the FBI, USSS and IRS-CI for tracking and freezing assets tied to the $6 billion theft attributed to North Korea's TraderTraitor actors on or about October 29, 2026.
The agencies flagged that stolen funds are being converted primarily into Ethereum before further laundering via DeFi and instant swaps, and released associated addresses for industry blocking.
ETH trades at $2266.52 inside its Bollinger Bands with the upper band at $2348 acting as near-term resistance while the lower band sits at $2188. The structure remains bearish with price below the 50-EMA at $2311.49 and the 200-EMA at $2442.87, yet the MACD golden cross at -19.4 offers early momentum support and the neutral RSI at 45 leaves room for a test of the 50-EMA before any sustained move higher.
CZ_BNB
@cz_binanceFounder and former CEO of Binance, the world's largest cryptocurrency exchange. Shares insights on cryptocurrency adoption, blockchain technology development, and personal perspectives on building in the Web3 space, while navigating regulatory challenges and industry evolution.