
Why Didn’t Bitcoin Drop More? Binance’s CZ Credits FBI Action
Key Highlights: The FBI identified the North Korean cybercrime syndicate TraderTraitor as the culprit behind a massive theft exceeding $6 billion from Binance around Oct. 29. Binance co-founder CZ praised industry partners for tracking and freezing stolen assets, which prevented an even steeper collapse in the price of Bitcoin. U.S. law enforcement agenciesβincluding the FBI, ...

