Lessons from Binance hack: 7 steps crypto investors should take to protect their money

Binance is working with the US Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS) after hackers moved an estimated $6.3 billion worth of cryptocurrency from wallets controlled by the exchange. The investigation involves law enforcement agencies and private-sector partners working to trace and recover the affected assets.

The FBI said it was aware of the incident and was working with public and private partners to assess its impact and coordinate investigative steps. The US Secret Service said its investigators were working with companies, including stablecoin issuer Circle, to identify, freeze, trace and recover the stolen funds. The agency added that the investigation remained in its early stages.