Fed and OCC Probe Bank Security After Binance’s $6.3B Hack: Report
By Jamie Redman
The Federal Reserve and Office of the Comptroller of the Currency (OCC) contacted U.S. banks following Binance’s $6.3 billion hack, Reuters reported Nov. 5. Supervisors sought information about suspicious activity, service disruptions, and cybersecurity vulnerabilities. The regulatory inquiries followed the Oct. 29…
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