WAPO · 2026-10-31 23:11 UTC

FBI blames North Korea for stolen billions from Binance in biggest hack in history

FBI attributes the theft of $6.3 billion from Binance this week to North Korean hackers known as TraderTraitor, the same group behind a $1.5 billion Bybit hack last year. The stolen assets are being converted primarily into ethereum, with FBI expecting further conversion through DeFi and instant swap services. Binance said it has sufficient reserves to cover 90% of missing assets and promised full customer reimbursement.

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