Binance Recovers $5.8 Million From Axie Infinity's Stolen Funds

Leading cryptocurrency exchange Binance said it has recovered $5.8 million linked to the recent hack of popular blockchain gaming project Axie Infinity. Binance Recovery of Nearly $6 Million Changpeng Zhao (CZ), CEO of Binance, said in a tweet on Friday that the group behind the hack started moving the stolen funds today and they deposited about $5.8 million to Binance, perhaps in an effort to launder it.