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London High Court Orders Binance To Track Hackers Who Caused $2.6 Million In Crypto Losses
Summary: According to Reuters, after the artificial intelligence (AI) company Fetch.ai claimed to be the victim of a $2.6 million hack, the London High Court has ordered Binance, one of the world’s largest cryptocurrency exchanges, to track, identify the hackers. In a judgment published this week, a high court judge approved Fetch.ai's request, asking Binance to take ...
According to Reuters, after the artificial intelligence (AI) company Fetch.ai claimed to be the victim of a $2.6 million hack, the London High Court has ordered Binance, one of the world’s largest cryptocurrency exchanges, to track, identify the hackers.
In a judgment published this week, a high court judge approved Fetch.ai's request, asking Binance to take steps to identify hackers and track and seize assets.
Fetch.ai was incorporated in the United Kingdom and Singapore to develop artificial intelligence projects for blockchain databases, claiming that the hackers logged into their cryptocurrency accounts on the Binance Exchange on June 6 and have sold out a small portion of cryptos.
By Mary Liu
Tags: Binance,London
Link: London High Court Orders Binance To Track Hackers Who Caused $2.6 Million In Crypto Losses [Copy]