THE GUARDIAN · 2026-10-30 10:28 UTC

UK financial watchdogs monitoring fallout from $6.3bn Binance heist, as 'elite North Korean hackers' blamed – business live

North Korean hackers stole $6.3bn from Binance in the largest crypto theft on record; about $3bn has been frozen so far. Binance froze withdrawals and said user funds are safe, with co-founder Yi He pledging to cover all hacking losses. UK financial watchdogs are monitoring potential fallout; the FCA is engaging with Binance while the Bank of England watches for exposure among UK banks and fintechs.

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