Binance, Coinbase, Kraken ordered to disclose user data in hack probe: FT
Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. Two of the six exchanges involved were not named.
The anonymous exchange — which has not shared its name to avoid “tipping off” the hackers.The amount in question was deposited into 26 accounts on the exchanges in cryptocurrencies including bitcoin, XRP, ether and tether. It’s one of the first applications of a new law in the UK to help track assets in cyber-fraud cases, even if the companies holding the information are based overseas, according to FT.
Source
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