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THE STREET · 2026-11-01 00:48 UTC

FBI names who took $6B+ from Binance

FBI formally attributed a $6B+ theft from Binance to North Korean state-sponsored hackers tracked as TraderTraitor, occurring on October 29. Stolen assets are being converted to Ethereum and moved through DeFi services; FBI published hundreds of wallet addresses for the crypto industry to block. Binance has covered 90% of losses using corporate treasury and insurance funds, with users protected from bearing the loss.

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