Binance co-CEO Richard Teng tells FOX Business’ Darren Botelho that customers will not bear any losses following a massive $6.3B hack. Teng emphasizes that the cryptocurrency exchange bears full responsibility and has replenished affected assets.
Binance says hackers used a fake job interview to compromise an employee’s computer before exploiting an internal artificial intelligence tool to carry out unauthorized transactions in a $6.3 billion cryptocurrency heist.
The theft, which could rank among the largest financial heists in history, according to Reuters, has raised concerns about cybersecurity vulnerabilities at cryptocurrency exchanges and the growing role of AI in sophisticated attacks.
Binance said Tuesday that the breach…
