The FBI has recovered over $1.2 billion in cryptocurrency linked to a recent heist targeting Binance, the world's largest crypto exchange. The announcement came in an FBI statement released on Thursday, November 12, 2026. The same day, Binance revealed that it had already replaced all the assets stolen in the incident.
The seizure marks a significant development in the ongoing efforts to combat cybercrime in the cryptocurrency space. Binance, known for its vast user base and high trading volumes, has been a frequent target for hackers. The exchange has faced several security challenges in the past, but this latest breach stands out due to its scale and the swift response from law enforcement.
The FBI's statement did not provide further details on how the seizure was executed or the methods used to trace the stolen funds. Binance has also remained tight-lipped about the specifics of the heist, focusing instead on reassuring users that their assets have been fully restored.