THE GUARDIAN · 2026-10-30 14:38 UTC

FBI working with Binance after crypto exchange hit by $6.3bn heist – business live

Binance suffered a $6.3 billion security breach, the largest crypto theft on record, attributed to North Korea's TraderTraitor hacking unit by blockchain intelligence firm TRM. FBI and US Secret Service are working with Binance on the incident; hackers are using novel laundering patterns with thousands of rapid transactions to obscure fund trails. Chainalysis reports attackers attempted to convert $500 million in freezable stablecoins to non-freezable assets like Bitcoin and Ethereum, but industry partners froze funds faster than expected.

Loading the story on Tree News…