FBI Accuses North Korea of Hacking Binance and Stealing $6.3 Billion in Crypto
The FBI has accused North Korea of being involved in a major hacking attack on the cryptocurrency exchange Binance. This week, hackers accessed the platform's hot wallets and stole digital assets worth $6.3 billion.
The FBI's statement indicates that the attack occurred on October 29, 2026. They referred to this cyber activity as TraderTraitor, noting that hackers are converting stolen assets into Ethereum and expect further laundering through DeFi services.
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According to CISA, TraderTraitor is a state-sponsored hacking group from North Korea that has been linked to cryptocurrency thefts since at least 2020. It is associated with the Lazarus group, known for phishing campaigns and malware.
Following the attack, Binance suspended deposits and withdrawals while conducting security checks and cooperating with law enforcement. The exchange has already covered about 90% of the stolen amount, and withdrawals are being resumed gradually.
Richard Teng, Binance's co-CEO, stated that the company intends to compensate all stolen funds and assured users that their assets are safe.
