CryptoDecryptabout 2 hours ago
CFTC Chair Links Binance Hack to Offshore Exchanges
3 min read
CFTC Chairman Michael Selig argues the roughly $6.4 billion Binance hack proves the need for federal crypto oversight. Selig told CNBC the breach stems from a laptop vulnerability, though Binance later found additional points of breach. The Secret Service and FBI opened a probe, while TRM Labs tied the theft to North Korea's TraderTraitor group.
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