The FBI claimed North Korea was behind a $6.3 billion Binance hack, according to an opinion piece by Capitalixe co-founder Lissele Pratt. Pratt says $2.85 billion of the stolen funds has been frozen, 94% of it in stablecoins, which issuers can block from moving. The excerpt gives no calendar date for the hack.
Pratt argues that UK platforms should list a stablecoin only if its issuer can respond to theft reports and agrees to a timetable for notifying authorities and obtaining a court order to extend a freeze. These are proposals, not current requirements. The UK Financial Conduct Authority’s cryptoassets regime takes effect on 25 October 2027, but Pratt says it does not set the freezing obligations she wants; she also notes that UK regulators cannot simply direct issuers based overseas.
