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Freedster49
2021-08-13

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London court orders Binance to trace cryptocurrency hackers

LONDON (Reuters) - London's High Court has ordered Binance, one of the world's largest crytocurrency

London court orders Binance to trace cryptocurrency hackers

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tj1888
·2021-08-13
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Thanks","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/897055877","repostId":1185363621,"repostType":4,"repost":{"id":"1185363621","kind":"news","pubTimestamp":1628863982,"share":"https://ttm.financial/m/news/1185363621?lang=en_US&edition=fundamental","pubTime":"2021-08-13 22:13","market":"us","language":"en","title":"London court orders Binance to trace cryptocurrency hackers","url":"https://stock-news.laohu8.com/highlight/detail?id=1185363621","media":"Reuters","summary":"LONDON (Reuters) - London's High Court has ordered Binance, one of the world's largest crytocurrency","content":"<p>LONDON (Reuters) - London's High Court has ordered Binance, one of the world's largest crytocurrency exchanges, to identify hackers and freeze their accounts after one of its users said it was the victim of a $2.6 million hack.</p>\n<p>In a judgment made public this week, a High Court judge granted requests by artificial intelligence (AI) company Fetch.ai for Binance to take steps to identify the hackers and track and seize the assets.</p>\n<p>While involving a relatively small sum, the case is one of the first public ones involving Binance and will be a test of the English court system's ability to tackle fraud on cryptocurrency platforms.</p>\n<p>\"We can confirm that we are helping Fetch.ai in the recovery of assets,\" a Binance spokesperson said.</p>\n<p>\"Binance routinely freezes accounts that are identified as having suspicious activity occurring in line with our security policies and commitment to ensuring that users are protected while using our platform.\"</p>\n<p>Binance, which has an opaque corporate structure, has faced intense regulatory scrutiny amid a worldwide crackdown on cryptocurrencies over concerns that such exchanges could be used for money laundering or to allow consumers to fall victim to scams or runaway bets.</p>\n<p>Binance has said it is committed to complying with appropriate local rules wherever it operates and has expanded its international compliance team and advisory board.</p>\n<p>\"We need to dispel the myth that cryptoassets are anonymous. 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The claimants will have to prove they are victims of fraud before seeking a recovery order.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>London court orders Binance to trace cryptocurrency hackers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLondon court orders Binance to trace cryptocurrency hackers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 22:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/london-court-orders-binance-trace-135846627.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) - London's High Court has ordered Binance, one of the world's largest crytocurrency exchanges, to identify hackers and freeze their accounts after one of its users said it was the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/london-court-orders-binance-trace-135846627.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/london-court-orders-binance-trace-135846627.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185363621","content_text":"LONDON (Reuters) - London's High Court has ordered Binance, one of the world's largest crytocurrency exchanges, to identify hackers and freeze their accounts after one of its users said it was the victim of a $2.6 million hack.\nIn a judgment made public this week, a High Court judge granted requests by artificial intelligence (AI) company Fetch.ai for Binance to take steps to identify the hackers and track and seize the assets.\nWhile involving a relatively small sum, the case is one of the first public ones involving Binance and will be a test of the English court system's ability to tackle fraud on cryptocurrency platforms.\n\"We can confirm that we are helping Fetch.ai in the recovery of assets,\" a Binance spokesperson said.\n\"Binance routinely freezes accounts that are identified as having suspicious activity occurring in line with our security policies and commitment to ensuring that users are protected while using our platform.\"\nBinance, which has an opaque corporate structure, has faced intense regulatory scrutiny amid a worldwide crackdown on cryptocurrencies over concerns that such exchanges could be used for money laundering or to allow consumers to fall victim to scams or runaway bets.\nBinance has said it is committed to complying with appropriate local rules wherever it operates and has expanded its international compliance team and advisory board.\n\"We need to dispel the myth that cryptoassets are anonymous. 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