The US Secret Serviceis working with stablecoin issuer Circle to recover funds stolen in the $6.3billion security breach at Binance. The effort also involves the FBI andcryptocurrency industry firms.London's trading industry is coming home!Crypto Briefingreported that the Secret Service confirmed its cooperation with Circle onOctober 30, a day after the breach. Reuters separately reported, citing aperson familiar with the matter, that Binance is working with both the FBI andthe Secret Service.FBI Coordinates Binance HackInvestigationThe FBI said it wasaware of the incident and was working with public- and private-sector partnersto assess its impact and coordinate investigative steps.Circle has frozen morethan $800 million in USDC linked to the breach, according to its CEO, JeremyAllaire, who said the action was taken in coordination with law enforcement.Tether has also frozen nearly $1.57 billion in related USDT, according to CEOPaolo Ardoino.JUST IN: 🇺🇸 US Secret Service is working with Circle to identify, freeze, and recover funds stolen from Binance. https://t.co/v8kGqYRh5r— Watcher.Guru (@WatcherGuru) October 30, 2026The freezes by the twostablecoin issuers total more than $2.37 billion. Binance has put the totalvalue of assets frozen by industry partners at around $3 billion, includingactions by other firms.Circle and Tether canfreeze their stablecoins at specific blockchain addresses, allowing them torestrict transfers linked to the incident. However, frozen assets have notnecessarily been recovered or returned to affected users.TRM, A U.S.-based blockchain intelligence firm, attributed the attack to TraderTraitor, which it described as North Korea’s elite hacking unit. “We make this judgment with high confidence,” the firm said in a post on its website Thursday. https://t.co/jQtTVPVJGQ— NBC 6 South Florida (@nbc6) October 30, 2026TRM Attributes Binance Attack to “NorthKorea”Separately, blockchainintelligence firm TRM Labs attributed the attack to TraderTraitor, a NorthKorean hacking group, with “high confidence”. TRM said its assessment was basedon on-chain and off-chain intelligence. The firm is tracking the funds and alertingindustry partners through its Beacon Network.This article was written by Tareq Sikder at www.financemagnates.com.