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FBI Blames North Korea for $6 Billion Binance Crypto Hack

Bloomberg Technology Saturday 31 October 2026, 21:59 UTC By Kevin Whitelaw 1 min read
Key Points

FBI Blames North Korea for $6 Billion Binance Crypto Hack The FBI said that North Korea was responsible for stealing more than $6 billion in cryptocurrency in a brazen hacking attack on Binance. “The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum,” the FBI said Saturday in a statement. “It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as...

FBI Blames North Korea for $6 Billion Binance Crypto Hack The FBI said that North Korea was responsible for stealing more than $6 billion in cryptocurrency in a brazen hacking attack on Binance. “The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum,” the FBI said Saturday in a statement. “It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as they prepare them for further laundering stages.”
FBI (ORG) North Korea (LOCATION) Binance (PERSON) USSS (ORG) IRS-CI (ORG) Ethereum (ORG)
Originally published by Bloomberg Technology Read original →

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