COINDESK · 2026-11-01 01:10 UTC

FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses

FBI confirmed North Korea's TraderTraitor group stole $6 billion from Binance and is converting funds mainly to ETH, asking crypto services to block hundreds of associated addresses. Stablecoin issuers froze $2.4 billion of stolen funds; Binance replenished 90% of losses and plans to resume withdrawals. Chainalysis estimates attackers have used thousands of addresses already and expects tens of thousands as funds flow through broader money laundering networks using automated tools.

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