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Fed and OCC Quiz U.S. Banks After $6.3 Billion Binance Hack

Fed and OCC Quiz U.S. Banks After $6.3 Billion Binance Hack

Photo: Bitcoin Magazine

Federal Reserve and OCC supervisors contacted U.S. banks this week to check for vulnerabilities after the Binance hack. U.S. bank regulators contacted banks this week to check whether their systems had any vulnerabilities after last week’s $6.3 billion hack of Binance, Reuters reported Thursday, citing several people familiar with the matter. Supervisors from the Federal Reserve and the Office of the Comptroller of the Currency began reaching out to banks on Monday morning, asking about any unusual activity or disruption in their services.

Also reported by Crypto Briefing, The Cryptonomist.

Source: Bitcoin Magazine

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