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Binance theft case involves $6.4 billion, Tether freezes over 1.567 billion USDT

Odaily reports that Binance is collaborating with the FBI and the U.S. Secret Service to investigate a theft incident involving $6.4 billion. Stablecoin issuer Circle stated it has frozen over $800 million in USDC related to the incident and is cooperating with law enforcement authorities in the investigation. (Decrypt)