Binance reported about $3 billion in frozen assets after its Oct. 29 hot-wallet breach, but the tally combines partner work and does not show how much the U.S. Secret Service froze.
Binance’s Oct. 30 update put the breach’s impact at about $6.3 billion. An on-chain snapshot at 3:33 p.m. ET (19:33 UTC) that day counted about $3 billion frozen. The count brought together activity from law enforcement and asset issuers, with contributions from blockchain analysis and other industry participants; it did not identify a separate Secret Service figure.
The Federal Bureau of Investigation (FBI) said North Korea was behind Binance’s theft of virtual assets valued at more than $6 billion, naming the activity “TraderTraitor.” The bureau said investigators saw the stolen assets move chiefly into Ether (ETH).
Binance separately pledged to cover losses through its Secure Asset Fund for Users (SAFU) and company funds. The commitment did not specify how the sources would be divided, as detailed in EconoTimes’ earlier coverage of the pledge.
The Secret Service has not given a separate count for funds frozen through its own work. It said the inquiry continues alongside the FBI, Internal Revenue Service (IRS) Criminal Investigation and U.S. Department of Justice (DOJ) offices.
