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Binance chief credits US agencies for crypto incident response

Original: US Law Enforcement agencies (FBI, USSS, IRS and more) provided vital help in this incident, including tracking, freezing

Binance founder Changpeng Zhao publicly thanked US law enforcement agencies including the FBI, Secret Service and IRS for their help in an incident involving tracking and freezing of funds. He argued that their rapid action deserves much of the credit for why bitcoin's price did not fall further, a point he says many in the crypto community overlook.

Why now: Zhao's public praise of US agencies for limiting damage during a crypto incident is unusual and sparked debate about law enforcement's role in crypto markets

BinanceChangpeng ZhaoFBIUS Secret ServiceIRS

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• US Law Enforcement agencies (FBI, USSS, IRS and more) provided vital help in this incident, including tracking, freezing, etc. A tweet can’t fully express our gratitude. Many crypto bros may not realize, a lot of the "why bitcoin didn't drop more?" credit goes to them. · cz_binance · 11.6K

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