YONHAP · 2026-10-30 21:13 UTC

(2nd LD) N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm

North Korean hacking group TraderTraitor allegedly stole $6.36 billion from Binance in what would be the largest cryptocurrency theft on record, according to U.S. blockchain intelligence firm TRM Labs. About $2.7 billion in stolen assets have been frozen through cooperation among cryptocurrency companies, but hackers still control roughly $2.4 billion in Bitcoin and Ethereum. Binance co-CEO Richard Teng stated the company will cover all hacked losses through company funds and has reserved $6.34 billion to compensate affected users.

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