Binance users withdraw $4.6 billion after reopening following North Korea-linked heist

Binance users withdrew over $4.6 billion within hours of the cryptocurrency exchange reopening after a record cyberattack, the largest heist in crypto history. The FBI attributed the theft of more than $6 billion in virtual assets to TraderTraitor, a North Korean state-sponsored hacking network. Binance said it has recovered about 95 percent of the stolen cryptocurrencies so far. The exchange pledged to cover all remaining financial losses using company funds to protect users. Withdrawals are being restored in phases, prioritizing major tokens, with platform activity stabilizing after the initial surge.