FBI says N. Korea responsible for over $6 bil. crypto theft from Binance
WASHINGTON — The U.S. Federal Bureau of Investigation (FBI) said Saturday that North Korea was responsible for the theft of more than $6 billion in cryptocurrency from Binance, the world's largest cryptocurrency exchange, earlier this week. "The FBI is releasing information advising the Democratic People's Republic of Korea was responsible for the theft of more than $6 billion in virtual assets…
The U.S. Federal Bureau of Investigation (FBI) has identified North Korea as responsible for the theft of over $6 billion in cryptocurrency from Binance, the world's largest cryptocurrency exchange. The FBI issued a cyber alert on October 29, 2026, stating that the North Korean cyber operation, known as "TraderTraitor," was behind the theft.
The hackers have been converting the stolen assets primarily into Ethereum and are expected to further launder the funds through decentralized finance platforms and cryptocurrency exchanges.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
