On October 31, Bloomberg reported that U.S. President Trump is monitoring the Binance theft incident. In a C-SPAN live video, Trump responded to reporters' questions on October 30 while meeting with a U.S. citizen who had previously been detained by Russia in the Oval Office. When asked if the attack should be attributed to North Korean hacker groups, he stated, 'We don’t know, we are investigating this matter.' When questioned about the possibility of recovering the stolen funds, Trump mentioned that Binance has claimed they will recover the funds and assured that 'they say they have basically controlled the situation,' but he also noted that people have not seen the actual funds, expressing that he has always felt this 'a bit dangerous.' Previous reports indicated that Binance experienced a security incident this week, affecting approximately $6.3 billion in assets, with on-chain analysis firms like TRM Labs attributing it to the North Korean hacker group TraderTraitor.
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Trump: Monitoring Binance Theft Incident, Uncertain if North Korea is Involved
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