According to Cointelegraph, Binance is working with the FBI to recover assets that are currently frozen. The company has set aside more than $6.3 billion from its own funds in order to address the situation. At least $3 billion of the amount intended for recovery remains frozen and is not yet available for return.
The cooperation involves law‑enforcement officials seeking to locate and unwind illicit transfers linked to a recent hack. Binance’s internal allocation reflects its commitment to fund the effort while pending official guidance on how recovered proceeds may be handled.
