FBI Blames North Korea for Record $6.3 Billion Binance Cryptocurrency Theft
Binance said it will cover about 90% of the loss and restore withdrawals as investigators said the hackers converted stolen assets into Ethereum.
- The FBI attributed the theft of more than $6 billion in cryptocurrency to North Korea in a brazen hacking attack on Binance, marking the largest cyber incident in cryptocurrency history.
- TraderTraitor, an elite North Korean hacking unit, previously carried out the $1.5 billion Bybit attack in 2025 and a $620 million theft in 2022, establishing a pattern of major crypto heists.
- The FBI, USSS, and IRS-CI observed actors converting the stolen assets primarily into Ethereum, according to a statement released on Oct 31.
- Binance has covered about 90% of the $6.3 billion stolen and plans to restore withdrawals by Nov 1, fulfilling a pledge to fully reimburse customers.
- President Donald Trump recently floated new outreach to North Korea and potential meetings with leader Kim Jong in 2026, though he downplayed expectations by saying he was "not sure that anybody" is asking for a meeting.
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47 Articles
“" "Arbeids" "”, “" Hare" "”, “" Arbeids" "” “" Hassesare" "” The FBI announced that it was a North Korean hacker claiming to be TraderTraitor who stole over 6 billion dollars of crypto assets from Binance. Meanwhile, President Trump said he wasn't sure about North Korea's involvement. “" " Rastar Darebha Darebha Darebha Darebha Hassan Darebah, Darebah Mawarah Mawarah.
Over $6 billion in 20 minutes: FBI accuses North Korea of largest-ever crypto hack against Binance
The FBI called on cryptocurrency exchanges, blockchain infrastructure operators, and other digital asset service providers to help prevent the stolen funds from moving further through the system.
The first cryptocurrency trading platform, Binance, announced on Sunday the gradual resumption of withdrawals after a $6.3 billion hack. According to the FBI, North Korea would be responsible for this unprecedented scale of robbing
Cryptocurrency exchange Binance said Sunday it had restored withdrawals after more than $6 billion worth of virtual assets were stolen from the platform in a major cyberattack, with the FBI confirming earlier suspicions that North Korea was responsible.
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