KOREA TIMES · 2026-11-01 05:12 UTC

Binance to resume withdrawals after recovering bulk of $6 bil. in stolen funds

Binance will resume withdrawals in phases after recovering 95% of $6.3 billion in stolen tokens, with first phase starting Sunday between 0600-0900 GMT. FBI attributed the theft to TraderTraitor, a North Korean state-sponsored unit, which was observed converting stolen assets into ethereum. Remaining 5% consists of less-liquid assets that may take longer to source.

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