security

Binance freezes funny money after compromise of engineer’s laptop linked to $6.3 billion of unauthorized trades

Crypto exchange Binance has paused trading after discovering unknown parties cracked one of its workers’ laptops and used it to make massive trades

Late on Thursday, US time, the company used its social media feeds to report “Our teams are aware of reports of a potential security issue and are actively investigating.”

The exchange insisted “User funds are completely safe” and warned its customers “should remain cautious of scams and should not trust unofficial links, messages, or requests for account information.”

The company soon froze $2.5 billion worth of assets and warned that the figure could go higher “as our teams work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets.”

To prevent the matter worsening, Binance halted all trading, deposits, and withdrawals.…