KOREA TIMES · 2026-11-12 22:32 UTC

Binance says all asset losses from N. Korea-linked cyberattack covered

Binance said it completed covering assets affected by the Oct. 29 cyberattack, committing more than $6.34 billion in company funds from its SAFU, futures insurance fund and corporate treasury. The exchange acquired affected cryptocurrencies through market and over-the-counter transactions and plans to replenish SAFU to about $1 billion. The FBI attributed the theft to North Korean group TraderTraitor, while Kim Yo-jong rejected the findings as a political provocation.

Loading the story on Tree News…