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Binance to resume withdrawals after covering bulk of stolen $6.3bn

DawnNorth Korea

Binance to resume withdrawals after covering bulk of stolen $6.3bn

Binance, the worlds biggest cryptocurrency exchange, said it would resume withdrawals on Sunday after covering 95 per cent of the $6.3 billion in tokens stolen from its platform in the world’s largest digital heist, which the FBI has tied to North Korea. The exchange, founded in China, said the first phase of withdrawals would start between 0600 and 0900 GMT and cover 15 crypto assets including bitcoin, ether, XRP, dogecoin and others. Binance said on Sunday it had covered $6bn of stolen cryptocurrencies by using company money to buy replacement tokens. The remaining 5pc of stolen tokens consi

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