BLOOMBERG · 2026-10-30 21:05 UTC

Trump Says US Looking at Whether Binance Hack Was By North Korea

President Trump said the US is investigating whether North Korean hackers were behind a $6.3 billion hack on Binance, the world's largest crypto trading platform. Binance suspended withdrawals, froze about $3 billion in assets on blockchain networks, and pledged to cover all losses, with withdrawals expected to resume by Sunday. Trump expressed skepticism about crypto security, noting that unlike traditional banking, digital assets can disappear; Binance co-founder Changpeng Zhao was previously pardoned by Trump in 2025.

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