London court orders Binance to trace cryptocurrency hackers

From usnews.com

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. 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. 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. "We can ... (full story)