Binance working with FBI to recover assets following $6.3B hack

Crypto Insight Summary: Binance is working with law enforcement to recover $3 billion that is frozen, after setting aside more than $6.3 billion from the company’s funds to cover the shortfall. Crypto Insight Analysis: Direction: Bearish BNB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: The hack creates reputational and security concerns for Binance, though strong cooperation and reserves limit broader market damage.