Trump Says US Is Looking Into Binance Hack

Politics · First reported 30 Oct, 21:06 · Updated 21:40

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Trump said his administration is investigating the $6.3 billion Binance hack. The available reports differ in what they emphasize: one mentions calls for crypto legislation, while the other notes uncertainty about North Korea’s responsibility.

Trump said Friday that his administration is looking into the $6.3 billion hack of Binance.
The Hill described the incident as the largest cryptocurrency exchange hack on record.
The reports note growing calls for crypto legislation and uncertainty over whether North Korea was responsible.

Summary written by Lux AI from 2 articles

Key facts

Reported hack value: $6.3 billion
Exchange: Binance
US response: Trump said his administration is looking into the hack.
Attribution: Trump said it was not known whether North Korea was responsible.