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Binance seeks recovery of $6.3bn stolen in North Korea-linked hack

Cryptocurrency exchange Binance is attempting to recover $6.3bn taken in a cyber-attack believed to be the largest of its kind. The company has described the incident as complex and the attack has been linked to North Korea.

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Binance is attempting to recover $6.3bn stolen in a major cyber-attack that has been linked to North Korea.

The cryptocurrency company has described the incident as a complex attack. It is believed to be the largest cyber-attack of its kind, although the available information does not provide further details about when it took place or how the funds were taken.

The recovery effort is now focused on tracing and retrieving the stolen cryptocurrency. No further information has been provided about the progress of that work or the identity of those responsible.

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The incident underlines the scale of the financial threat posed by major attacks on cryptocurrency companies. Binance’s efforts to recover the money remain ongoing.

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