Circle · FBI · Tether · North Korea · Decrypt
Binance is working with the FBI and U.S. Secret Service after hackers stole $6.4 billion from the cryptocurrency exchange
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
✓ KHAO Verified
A person familiar with the matter told Reuters that Binance was cooperating with law enforcement agencies around the world, including both U.S. agencies.
Key facts
- Binance is working with the FBI and U.S. Secret Service after hackers stole $6.4 billion from the cryptocurrency exchange, as Circle joins the recovery effort by freezing more than $800 million
- The same group has been linked to the $1.5 billion Bybit hack in February 2025, which the FBI also attributed to North Korean hackers
- Circle, the company behind USDC, a stablecoin designed to maintain a value of $1, has separately confirmed that it is coordinating with law enforcement
- Tether, which issues the competing USDT stablecoin, froze another $1.5 billion in tokens
Summary
Binance is working with the FBI and U.S. Secret Service after hackers stole $6.4 billion from the cryptocurrency exchange, . Circle froze approximately $823 million in USDC connected to the attack, while Tether froze another $975.1 million in USDT. Blockchain intelligence firms TRM Labs and Chainalysis attributed the attack to TraderTraitor, a North Korean hacking group previously linked to the $1.5 billion Bybit hack. Secret Service after hackers stole $6.4 billion from the cryptocurrency exchange, as Circle joins the recovery effort by freezing more than $800 million in assets connected to the attack, .