London court orders Binance to trace hackers behind $2.6M Fetch.ai attack

Cointelegraph

Published Aug 13, 2021 01:27PM ET

Updated Aug 15, 2021 03:40PM ET

Artificial intelligence research lab Fetch.ai has been granted a request to have major cryptocurrency exchange Binance identify individuals behind a $2.6 million hack.

According to a Friday Reuters report, the Royal Courts of Justice in London has ordered Binance to identify the hackers and seize the stolen assets. Fetch.ai reportedly claimed that hackers stole $2.6 million worth of cryptocurrency from its Binance account on June 6 and resold the tokens for a significantly reduced price.

Continue Reading on Coin Telegraph