Asset recovery

A US court has authorized the seizure or restraint of more than $1.2 billion linked to the October 29 Binance hack, which the FBI attributes to North Korea’s TraderTraitor unit. The order covers part of a wider pool of frozen assets, while blockchain data indicates billions remain accessible or may have been moved.

Mercado Bitcoin says customers will not lose funds after a security incident prompted it to suspend deposits and withdrawals. The exchange now values the assets involved at about $38 million and says $11 million has been blocked with several partners, while further recovery and containment efforts continue.