North Korea linked to massive Binance crypto heist

<figure> <img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/03/STK428_CRYPTO_2_B.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">The FBI says North Korea was behind the massive <a href="https://www.theverge.com/tech/1023021/binance-hack-billions-biggest-crypto-heist">$6.3 billion crypto heist</a> that hit Binance on October 29th. The FBI labeled the activity "TraderTraitor" and said that it had observed actors it has connected to hack converting the tokens to Ethereum and preparing for further laundering of the funds. The agency offered few other details or evidence. The <a href="https://www.fbi.gov/investigate/cyber/alerts/2026/north-korea-responsible-for-6-billion-binance-attack">statement</a> says:</p> <blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> <p class="wp-block-paragraph"><strong>North Korea Responsible for $6 Billion+ Binance Attack</strong></p> <p class="wp-block-paragraph">The Federal Bureau of Investigation (FBI) is releasing information advising the Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from crypto …</p></blockquote> <p><a href="https://www.theverge.com/tech/1024176/north-korea-binance-crypto-heist">Read the full story at The Verge.</a></p>