London's High Court has ordered six cryptocurrency exchanges, which includes Binance, Coinbase, Luno and Kraken, to disclose client information to help trace $10.7 million that was stolen from a U.K.-based exchange in 2020, according to a court judgement shared with CoinDesk.

The exchange, which remains anonymous as it continues to track stolen funds, managed to trace $1.7 million of the ill-gotten gains after it was hacked in late 2020.

The $1.7 million was dispersed across 26 accounts on six off-shore crypto exchanges, all of which are now required to hand over documents under a new UK rule applying to foreign companies.

(By Oliver Knight)