FBI Blames North Korea for $6.3B Binance Crypto Theft; Trump Doubts Claim

The FBI has accused North Korea of stealing $6.3 billion in cryptocurrency from the Binance exchange, identifying a hacking group called "Trader Traitor" as responsible for the breach. The FBI stated North Korea is responsible for the theft, which occurred by October 29, and published a list of about 500 Ethereum addresses used to launder the stolen assets, urging crypto platforms to block related transactions. Investigators say the hackers are converting funds into Ether and using decentralized finance services for further money laundering. President Donald Trump expressed skepticism about North Korea's involvement, saying "we don't know" if Pyongyang is responsible. The stolen amount is four times larger than the group's previous $1.5 billion heist from Bybit in February 2025, and the group is linked to the Lazarus Group, which was accused of hacking Sony Pictures in 2014.