Binance resumes withdrawals after covering $6 billion of $6.3 billion stolen in heist
Binance will resume withdrawals on Sunday after covering 95% of the $6.3 billion in tokens stolen in the world's largest digital heist, which the FBI has linked to North Korea. The exchange used company funds to buy replacement tokens, covering $6 billion of the stolen assets. The remaining 5% are less liquid and may take longer to source. The FBI attributed the attack to the North Korean state-sponsored unit TraderTraitor, which converted stolen assets into ether. Binance has set aside $6.34 billion internally, drawing from its Secure Asset Fund for Users, Futures Insurance Fund, and corporate treasury. The theft occurred in about 20 minutes late Thursday, and US President Donald Trump said it was not certain North Korea was involved.