Live Updates: Binance says $2.54 billion frozen after hack

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Follow live updates as Binance says $2.54 billion in assets has been frozen after a multibillion-dollar hack, with further freezes possible as investigators trace funds.

Oct. 29 at 11:35 pm UTC

Binance said the verified total of assets frozen in connection with the hack had reached $2.54 billion, clarifying differing figures circulating publicly, including references to $1.8 billion.

The exchange said the total could increase as its teams work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets. Binance said it would publish further figures once verified.

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