North Korea responsible for $6 billion Binance cryptocurrency hack, FBI says
Federal investigators have officially identified the Pyongyang regime as the culprit behind a massive security breach at Binance. On Saturday, the FBI announced that North Korean cyber actors were responsible for the theft of over $6 billion in digital currency this week. This massive heist, which took place on Thursday, represents one of the most significant thefts of virtual assets ever recorded in the cryptocurrency sector.
North Korean Tradertraitor Activity Identified
The FBI characterized the operation as North Korean cyber activity known as TraderTraitor. According to federal officials, the hackers focused their efforts on Binance, which currently holds the title of the largest cryptocurrency exchange on the planet. During the incident, the bureau, alongside the U.S. Secret Service and IRS Criminal Investigation, tracked the movement of the stolen funds
Source: foxbusiness.com · 2026-11-01