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Binance Hack Update: Ripple Freezes $200 Million As Recovery Hits $3 Billion Amid North Korea Link

Binance Hack Update: Ripple Freezes $200 Million As Recovery Hits $3 Billion Amid North Korea Link

Photo: Coinpedia

The recovery effort after the $6.3 billion Binance exploit is picking up pace. Ripple has frozen about $200 million connected to the attack, according to Binance co-founder Yi He. Binance says about $3 billion of the stolen funds has now been frozen in total. A new on-chain finding has also raised the stakes. Blockchain investigator ZachXBT says the attacker appears to be the same one behind the recent $388 million Bitget hack, which has been attributed to hackers linked to North Korea.

Source: Coinpedia

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