Now it all makes sense: the United States is going to keep most of the stolen money.
Post
Jackson Liam
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Bullish🚨 BREAKING: U.S. SECRET SERVICE JOINS THE FIGHT TO RECOVER BINANCE'S STOLEN FUNDS!
The Binance security crisis is taking a major turn as U.S. law enforcement steps in to help track down the billions of dollars stolen in the massive crypto attack.
The U.S. Secret Service is working with Binance and private-sector partners to identify the criminals, trace the stolen cryptocurrency, freeze suspicious wallets, and recover as much of the missing money as possible.
This is a major development for the crypto industry.
💥 BILLIONS ARE ALREADY BEING TRACKED
The reported attack resulted in approximately $6.3 billion in losses, making it one of the largest cryptocurrency thefts ever reported.
But the recovery effort is already showing progress:
• Around $3 billion in affected assets has been frozen or located on-chain, according to Binance's latest update.
• Tether has frozen nearly $1.57 billion linked to the incident.
• Circle has frozen more than $800 million.
• Binance is working with the FBI, U.S. Secret Service, blockchain intelligence firms, and other partners.
💰 BINANCE PROMISES TO COVER THE LOSSES
CEO Richard Teng has made a major commitment: Binance will cover all losses using its SAFU reserve and company funds.
The exchange says it has more than $6.34 billion reserved to meet this commitment, including approximately $5 billion already held in the exact affected tokens.
That means Binance is not simply waiting for law enforcement to recover the stolen assets. It has also committed its own financial resources to protect users.
🇺🇸 WHAT ABOUT TRUMP?
The involvement of U.S. authorities has brought renewed attention to the Trump administration's approach to cryptocurrency security.
However, there is currently no confirmed evidence that President Donald Trump personally directed this recovery operation.
🔥 THE BIG QUESTION: CAN THEY RECOVER THE REST?
The hackers may have moved billions across multiple blockchain networks, but tracking those transactions is not easy to escape. Exchanges, stablecoin issuers,
The Binance security crisis is taking a major turn as U.S. law enforcement steps in to help track down the billions of dollars stolen in the massive crypto attack.
The U.S. Secret Service is working with Binance and private-sector partners to identify the criminals, trace the stolen cryptocurrency, freeze suspicious wallets, and recover as much of the missing money as possible.
This is a major development for the crypto industry.
💥 BILLIONS ARE ALREADY BEING TRACKED
The reported attack resulted in approximately $6.3 billion in losses, making it one of the largest cryptocurrency thefts ever reported.
But the recovery effort is already showing progress:
• Around $3 billion in affected assets has been frozen or located on-chain, according to Binance's latest update.
• Tether has frozen nearly $1.57 billion linked to the incident.
• Circle has frozen more than $800 million.
• Binance is working with the FBI, U.S. Secret Service, blockchain intelligence firms, and other partners.
💰 BINANCE PROMISES TO COVER THE LOSSES
CEO Richard Teng has made a major commitment: Binance will cover all losses using its SAFU reserve and company funds.
The exchange says it has more than $6.34 billion reserved to meet this commitment, including approximately $5 billion already held in the exact affected tokens.
That means Binance is not simply waiting for law enforcement to recover the stolen assets. It has also committed its own financial resources to protect users.
🇺🇸 WHAT ABOUT TRUMP?
The involvement of U.S. authorities has brought renewed attention to the Trump administration's approach to cryptocurrency security.
However, there is currently no confirmed evidence that President Donald Trump personally directed this recovery operation.
🔥 THE BIG QUESTION: CAN THEY RECOVER THE REST?
The hackers may have moved billions across multiple blockchain networks, but tracking those transactions is not easy to escape. Exchanges, stablecoin issuers,
