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Binance to resume withdrawals after recovering 95% of $6.3 billion crypto theft

Economic TimesBinance to resume withdrawals after recovering 95% of $6.3 billion crypto theft
Image: Times of India

What the coverage says

Binance is preparing to restart customer withdrawals after a massive digital asset theft. NDTV Profit reports that the phased rollout of withdrawals is set to begin on Sunday, following an FBI attribution of the heist to North Korea. To facilitate the reopening, the exchange has recovered 95 percent of the missing funds. Times of India specifies that the stolen total reached $6.3 billion, and adds that the remaining 5 percent of unrecovered assets consists of less liquid holdings.

Written by HeadlineShine from 3 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on Times of India

Timeline

  1. Economic Times first reported it
  2. Times of India reported it
  3. NDTV Profit reported it
  4. Latest update
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