NEW STRAITS TIMES · 2026-11-01 07:45 UTC

Binance resumes withdrawals after US$6.3b heist blamed on North Korea

Binance resumed bitcoin withdrawals after a $6.3 billion theft attributed by the FBI to North Korean state-sponsored unit TraderTraitor, covering 95% of stolen tokens. Binance used $6 billion from its SAFU reserve, Futures Insurance Fund, and corporate treasury to buy replacement tokens and cover losses. The heist, completed in about 20 minutes on Thursday, is the world's largest digital theft; President Trump said the US is still uncertain about North Korea's involvement.

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