FOX · 2026-11-01 06:37 UTC

North Korea responsible for $6 billion Binance cryptocurrency hack, FBI says

FBI confirmed North Korean hackers stole $6.3 billion from Binance on Thursday, with the cyber activity identified as 'TraderTraitor'. Binance has replenished approximately 90% of stolen assets and said it will absorb the financial impact rather than passing costs to users. Authorities are urging exchanges and blockchain firms to block transactions linked to stolen funds as hackers convert assets primarily into Ethereum.

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