Changpeng Zhao has requested that the United States and China use diplomatic means to engage North Korea over the recovery of stolen cryptocurrency. The former Binance chief executive said he has not been in private contact with President Trump or other US officials about the matter. Zhao believes government intervention offers the best chance to retrieve the missing assets.
The hack resulted in the theft of $6.3 billion in digital assets, marking the largest cryptocurrency theft ever recorded. Binance has already recovered or frozen roughly $3 billion and has replaced 95 percent of customer losses. The FBI has linked the attack to North Korean hackers.
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