US regulators responded to the Binance hack by checking in on bank systems, according to Reuters, which cited sources for the report published Thursday. The checks followed a breach at the crypto exchange that Binance has since attributed to North Korea.
Binance co-CEO Richard Teng said the attackers posed as job candidates in fake interviews and used an AI tool to carry out the theft, CNBC reported. The exchange put the loss at roughly $6.3 billion, a figure also cited in BBC and Premium Times Nigeria coverage. TRM Labs described it as the largest hack in history, with a figure of about $6.36 billion.
Binance has said it is strengthening its AI security in response, according to Premium Times Nigeria. The Reuters account does not specify which bank systems were examined, what regulators found, or whether any link between the exchange breach and bank infrastructure was established.
The scale of the incident, and Binance's own account of how the attackers operated, explain why the fallout reached beyond crypto markets and into how supervisors view conventional banking defenses. Fake recruitment approaches and AI-assisted intrusion methods are difficult to catch with controls built for older threats.
Watch for further detail from US regulators on what the bank system checks covered and whether they lead to any supervisory action.
