FBI blames North Korea for $6 billion Binance hack as withdrawals resume
The FBI has accused North Korea of orchestrating the theft of over $6 billion from cryptocurrency platform Binance, attributing the attack to the elite hacking group 'TraderTraitor'. The heist, executed in just 20 minutes, involved converting funds to ethereum for laundering. Binance has resumed withdrawals after an emergency halt and pledged to absorb the full impact so clients face no losses. The FBI says the complex attack used a compromised laptop and trace-eliminating software, with Binance promising a detailed incident report later. The incident has reignited criticism of cryptocurrency security and money-laundering risks. 'TraderTraitor', linked to the Lazarus Group, previously stole $1.5 billion from Bybit in 2025, while President Trump downplayed concerns and has shown renewed interest in engaging North Korean leader Kim Jong-un.