00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump says his administration is investigating a record $6.3 billion hack
00:09of cryptocurrency exchange Binance, according to Benzinga. Blockchain intelligence firms
00:14TRM Labs and Chainalysis say North Korea-based cybercrime group Trader Trader appears responsible
00:21for the attack. Trump warned about the risks of digital assets and said Binance told officials
00:26the situation was largely under control. The theft began Thursday afternoon, with hackers
00:32moving assets across multiple blockchains in a 20-minute span. Binance suspended deposits
00:38and withdrawals, while crypto firms froze about $3 billion in assets tied to the attack.
00:44The exchange has pledged to cover all losses and is working with law enforcement.
00:48Binance co-founder Yi He says withdrawals are expected to resume by Sunday.
00:53For all things money, visit Benzinga.com.
