US Blocks $2.7 Billion Linked to Binance Hack

The United States Department of Justice confirmed the freezing of $2.7 billion in digital assets. The amount is linked to a hack against the Binance exchange that resulted in the theft of more than $6 billion.

American authorities are coordinating the action with the two largest stablecoin issuers in the market. The primary goal is to ensure the recovery of nearly half of the funds stolen during the breach.

In parallel, South Korea is strengthening the security of its digital asset sector. The country's Financial Services Commission will allow exchanges to preventively suspend withdrawals and deposits if they suspect criminal activity.

Currently, local rules require confirmation of a breach before a freeze can occur. The new measure seeks to prevent losses like those recently recorded on the Prabang and GOPAX platforms.

The South Korean regulator also requires round-the-clock monitoring and higher capital reserves. Companies that fail to maintain constant vigilance must restrict operations to business hours with prior notice to customers.

These global security events heighten the perception of systemic risk and may increase pressure for stricter regulation of crypto asset exchanges.