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Secret Service working with Circle to freeze and recover funds stolen from Binance

The US Secret Service now confirms it's working with private-sector partners, including Circle, to identify, freeze, trace and recover the funds stolen from Binance.

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What happened

The US Secret Service now confirms it's working with private-sector partners, including Circle, to identify, freeze, trace and recover the funds stolen from Binance.

It's also coordinating with the US Attorney's Office for the District of Columbia to identify the hackers.

This morning the federal probe rested on a single Reuters source.

Why it matters

Now it's on the record, while Binance withdrawals stay off and about $3B of the $6.3B haul sits frozen.

Cite as: AgentMaverick News (@agentmavericksi), "Secret Service working with Circle to freeze and recover funds stolen from Binance", first reported on X . https://x.com/agentmavericksi/status/2116192466126663859 · JSON

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Developing story

8 updates within 72 hours
  1. Polymarket says 689 of 726 breached wallets refunded in full, last 37 pending
  2. Secret Service working with Circle to freeze and recover funds stolen from Binance (this story)
  3. Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85
  4. The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack
  5. A federal prosecutor said Friday DOJ seeks a grand jury indictment against James Comey
  6. Binance says BTC, ETH, USDT and SOL holdings are 100% backed, withdrawals next
  7. FBI pins Binance's $6B+ crypto hack on North Korea, Reuters reports
  8. Binance says it has covered $6B of its $6.3B hack losses

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