Binance Tries Recovering Six Point Three Billion Stolen in North Korea Hack

Binance just froze three billion dollars of digital assets after a record six point three billion dollar heist. Co-CEO Richard Teng said the hackers used a self-destruct mechanism to wipe their tracks during the complex breach. Several analytics firms have linked the attack to a North Korean hacking unit. The US Secret Service is now working around the clock with the FBI to trace the funds. Binance promised users their money is safe and that every loss is covered. Legal experts warn that these promises might not be legally binding without formal contract backing. The company claims it has over one hundred sixty billion dollars in assets under its custody. Skeptics point out that similar reassurances were made right before the collapse of FTX.