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Binance recoups $5.8M worth of funds stolen from Ronin bridge attack

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Our Bitcoin News
By Kurt Ebenzer

Popular cryptocurrency exchange Binance has now retrieved about $5.8 million of cryptocurrency funds stolen during the consequential Axie Infinity hack, CEO of Binance Changpeng Zhao announced in a tweet today.

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According to the post, the North Korean hackers, responsible for the Ronin Bridge attack, apparently tried to move funds from their address to some 86 accounts in Binance, which the exchange caught on and ergo, was able to recover the funds.

The DPRK hacking group started to move their Axie Infinity stolen funds today. Part of it made to Binance, spread across over 86 accounts. $5.8M has been recovered. We done this many times for other projects in the past too. Stay #SAFU.

— CZ Binance (@cz_binance) April 22, 2024

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