Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds

Binance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange has identified a North Korean unit behind the theft and is actively working to recover remaining tokens. Law enforcement agencies are tracking the laundering of stolen assets into cryptocurrencies. Binance has committed to covering the financial losses incurred due to the hack.

According to the formal briefing communicated by ET Tech & Digital India, this announcement has been instituted to ensure enhanced transparency, efficiency, and public accessibility across civic and administrative operations. The issuing authority has instructed all affiliated directorates and nodal offices to adhere strictly to the notified procedural roadmap.

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