Binance probes possible $6B crypto theft, largest ever if confirmed

Binance is investigating a potential security breach that analytics firm Chainalysis estimates may have resulted in the theft of nearly $6 billion in cryptocurrency, which would be nearly four times larger than the previous record heist. Binance has frozen about $3 billion in cooperation with Circle and Tether. The scale and attribution remain unconfirmed, but if validated, this would mark a major escalation in cyber-enabled financial crime.

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