CZ Credits US Law Enforcement for Tracing, Freezing in Binance Hack Response

Binance founder and former CEO Changpeng Zhao (CZ) credited US law enforcement agencies for their help in the response to the exchange's roughly $6 billion hack, replying on X to the FBI's alert attributing the theft to North Korea's "TraderTraitor" activity. "US Law Enforcement agencies (FBI, USSS, IRS and more) provided vital help in this incident, including tracking, freezing, etc.," CZ wrote. "A tweet can't fully express our gratitude. Many crypto bros may not realize, a lot of the 'why bitcoin didn't drop more?' credit goes to them."