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North Korea linked to large Binance crypto heist

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Terrence O'Brien.

The FBI says that malicious actors from North Korea stole $6.3 billion worth of Crypto from Binance customers.

Key facts

Summary

The FBI says North Korea was behind the massive $6.3 billion crypto heist that hit Binance on October 29th. 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 cryptocurrency exchange Binance, on or about October 29, 2026. The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum (ETH). As expected, Binance reopened customer withdrawals today after freezing them in the immediate aftermath of the hack.

Read full article at The Verge →

#South Korea #FBI #Ethereum #North Korea