US Secret Service Joins Circle, Tether in Freezing $2.37B in Binance Hack Funds

The US Secret Service is working with stablecoin issuer Circle to recover funds stolen in the $6.3 billion security breach at Binance.

The effort also involves the FBI and cryptocurrency industry firms.London's trading industry is coming home!Crypto Briefing reported that the Secret Service confirmed its cooperation with Circle on October 30, a day after the breach.

Reuters separately reported, citing a person familiar with the matter, that Binance is working with both the FBI and the Secret Service.FBI Coordinates Binance Hack InvestigationThe FBI said it was aware of the incident and was working with public- and private-sector partners to assess its impact and coordinate investigative steps.Circle has frozen more than $800 million in USDC linked to the breach, according to its CEO, Jeremy Allaire, who said the action was taken in coordination with law enforcement.

Tether has also frozen nearly $1.57 billion in related USDT, according to CEO Paolo Ardoino.JUST IN: 🇺🇸 US Secret Service is working with Circle to identify, freeze, and recover funds stolen from Binance.

https://t.co/v8kGqYRh5r— Watcher.Guru (@WatcherGuru) October 30, 2026The freezes by the two stablecoin issuers total more than $2.37 billion.

Continue reading at the original source →