CZ: U.S. Law Enforcement Agencies Helped Track and Freeze Binance Stolen Funds

According to a report by 深潮 TechFlow on November 1, Binance co-founder CZ said in a post that U.S. law enforcement agencies including the Federal Bureau of Investigation (FBI), the U.S. Secret Service (USSS), and the Internal Revenue Service (IRS) provided important assistance in the Binance theft incident, including tracking and freezing.

CZ thanked the relevant agencies and said their work was one of the important reasons Bitcoin did not fall further.

Earlier, the FBI stated that North Korea was responsible for the theft of more than $6 billion in virtual assets from Binance, and, together with the USSS and IRS Criminal Investigation, observed that the attackers primarily converted the stolen assets into ETH.

Source: 深潮 TechFlow