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FBI Links Binance Hack to North Korean TraderTraitor Group

huffpost.com — November 1, 2026 at 03:01 AM UTC

The FBI has attributed the theft of billions of dollars from Binance, the largest crypto heist in history, to North Korean hackers, specifically an entity known as TraderTraitor. President Donald Trump expressed uncertainty about the attribution, saying "We don't know if it's North Korea." The FBI stated the attack matches the same actors behind a $1.5 billion Bybit hack last year and asked exchanges to block transactions linked to the stolen funds. The hackers are converting assets primarily into ethereum and may use decentralized finance services to launder the money. The $6.3 billion theft occurred Thursday from Binance, the world's largest crypto exchange, which said it has reserves to cover 90% of the missing assets and will fully reimburse customers. Experts expect the hackers to break up and launder funds through smaller exchanges over months.

With a significance score of 3.9, this news ranks in the top 5.3% of today's 32533 analyzed articles.

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[4.3]

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[4.2]

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[4.2]

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[4.2]

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[4.1]

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[4.1]

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[4.0]

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[4.0]

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[4.0]

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[3.9]

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[3.9]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.6]

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[3.4]

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[3.4]

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[3.2]

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[3.0]

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[3.0]

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[3.0]

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[3.0]

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[2.9]

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[2.9]

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[2.8]

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[2.8]

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[2.7]

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[2.7]

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[2.7]

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[2.7]

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[2.7]

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[2.7]

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[2.6]

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[2.2]

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[2.2]

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[2.2]

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[2.1]

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[2.0]

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[1.9]

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[1.5]

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