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North Korea linked to massive Binance crypto heist

North Korea linked to massive Binance crypto heist

Terrence O’Brien Technology 01 Nov, 2026 Americas

The FBI says North Korea was behind the massive $6.3 billion crypto heist that hit Binance on October 29th. The FBI labeled the activity "TraderTraitor" and said that it had observed actors it has connected to hack converting the tokens to Ethereum and preparing for further laundering of the funds....

The FBI says North Korea was behind the massive $6.3 billion crypto heist that hit Binance on October 29th. The FBI labeled the activity "TraderTraitor" and said that it had observed actors it has connected to hack converting the tokens to Ethereum and preparing for further laundering of the funds. The agency offered few other details or evidence. The statement says:

North Korea Responsible for $6 Billion+ Binance Attack

The Federal Bureau of Investigation (FBI) is releasing information advising the Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from crypto …

Read the full story at The Verge.