It's official - for what it's worth: North Korea "was responsible for the theft of more than $6 billion USD in virtual assets" from Binance on Thursday, according to a Saturday FBI cyber alert. The agency says says Kim Jong Un's 'TraderTraitor' hacking operation was responsible.
The 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 cryptocurrency exchange, Binance, on or about October 29, 2026. The FBI refers to this specific North... pic.twitter.com/TBUvUFln4n
— FBI Cyber Branch (@FBICyberBranch) October 31, 2026
As we reported Thursday, TRM Labs and Chainalysis blamed N. Korea within a day, while Tether and Circle froze billions in stolen stablecoins. TRM puts the haul at $6.36 billion and calls it the largest hack in history; Chainalysis said its investigators concluded that the Binance loot was "commingling" with funds North Korea from last month's Bitget exploit.
Our investigators observed funds stolen by DPRK in last month's Bitget exploit commingling with funds stolen from
