The Federal Reserve and the OCC contacted U.S. banks this week to check whether their systems had vulnerabilities after the $6.3 billion theft from Binance. Supervisors asked institutions whether their services had experienced unusual activity or disruptions, while several banks conducted internal diagnostics. The hack, which began with a fake job interview and combined social engineering, a malicious download and compromised internal tools, was attributed by Chainalysis and TRM Labs to a unit linked to North Korea. Binance says it froze or intercepted about $2.85 billion in stolen assets and replenished 98% of affected tokens from its own funds, with no publicly identified impact on U.S. banks.
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