Binance hack: Investigators in a 'cat and mouse game' to recover $6.3 billion in stolen funds

Source: press CNBC•

Binance hack: Investigators in a 'cat and mouse game' to recover $6.3 billion in stolen funds

Crypto firms and law enforcement are racing to recover more than $6 billion worth of cryptocurrency stolen from Binance before hackers manage to hide the funds. The firms say they're in a "cat and mouse game" against alleged North Korean hackers who are using a combination of crypto obfuscation…

Crypto firms and law enforcement are racing to recover more than $6 billion worth of cryptocurrency stolen from Binance before hackers manage to hide the funds.

The firms say they're in a "cat and mouse game" against alleged North Korean hackers who are using a combination of crypto obfuscation techniques and professional global money laundering networks to turn their digital coins into fiat currency, according to experts who spoke to CNBC.

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