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Technology
FBI Seizes $1.2 Billion in Crypto Stolen from Binance
✍️ NDTV Top
🗓 13 Nov 2026, 06:48 AM
👁 17
The FBI announced the seizure of over $1.2 billion in cryptocurrency that was reportedly stolen from Binance last month.
The Federal Bureau of Investigation (FBI) announced on Thursday that it has successfully seized more than $1.2 billion worth of cryptocurrency. The digital assets were reported to have been stolen from Binance, which is currently the world's largest cryptocurrency exchange.
This significant recovery marks a major development in the ongoing efforts to combat large-scale crypto theft. The FBI highlighted the scale of the seizure, noting that the amount recovered is substantial relative to the initial reported loss from the exchange.
While the specific details of the theft incident from last month were not elaborated upon in this announcement, the recovery underscores the law enforcement agency's capability to track and recover stolen digital assets. The move is seen as a positive step in enhancing security measures within the global crypto ecosystem.
This significant recovery marks a major development in the ongoing efforts to combat large-scale crypto theft. The FBI highlighted the scale of the seizure, noting that the amount recovered is substantial relative to the initial reported loss from the exchange.
While the specific details of the theft incident from last month were not elaborated upon in this announcement, the recovery underscores the law enforcement agency's capability to track and recover stolen digital assets. The move is seen as a positive step in enhancing security measures within the global crypto ecosystem.