MONEY can disappear in seconds. Accountability takes much longer.

When hackers recently made off with approximately $6.3 billion in cryptocurrency from Binance, the world’s largest digital asset exchange, the shockwave went far beyond a routine security breach. US law enforcement quickly tied the attack to North Korea-linked actors, with federal authorities later securing court authorizations to seize or restrain over $1.2 billion of those stolen virtual assets.

For more than two days, withdrawals froze. When the gates finally opened, customers rushed to pull out billions. Binance later reported it patched the hole using its emergency user-protection fund and internal resources. It was a…