FBI blames North Korea for $6.3 billion Binance heist; Trump disputes claim
The FBI officially accused North Korea on Saturday of stealing $6.3 billion from cryptocurrency exchange Binance, the largest such heist on record, around October 29, 2026. The FBI attributed the attack to the North Korean hacker group TraderTraitor, which was converting the stolen funds into Ether for laundering via decentralized finance services. It published roughly 500 Ethereum addresses for blocking, while President Donald Trump publicly doubted Pyongyang's involvement. The theft dwarfs TraderTraitor's previous $1.5 billion ByBit hack from February 2025. Binance, with 335 million users, said it recovered 90% of the funds and assured clients of no losses, as concerns grow over AI's potential to compromise security protocols.