AL JAZEERA · 2026-11-01 02:45 UTC

FBI blames North Korea for record $6.3bn crypto heist

FBI attributed a $6.3bn cryptocurrency theft from Binance to North Korean group TraderTraitor, who converted stolen assets primarily to Ethereum for laundering. Binance replaced 90% of stolen funds using company money from its SAFU Bitcoin reserve and other funds, with plans to reach 100% coverage. The breach involved a compromised laptop and malicious software; Binance halted withdrawals and planned to reopen them Sunday after publishing proof-of-reserves.

Loading the story on Tree News…