FBI links $6.3 billion Binance hack to North Korea; Trump says he is 'not concerned'
The FBI has attributed the $6.3 billion hack of cryptocurrency exchange Binance to North Korean state-sponsored actors, a group it calls TraderTraitor, while President Donald Trump said he is "not concerned" about the incident. The FBI stated the North Korean unit stole the assets on or about October 29, 2026, and has been converting them primarily into Ethereum, expecting further laundering through decentralized finance services. Binance co-CEO Richard Teng said the exchange has replenished 90 percent of stolen assets using company funds and is committed to covering the remaining 10 percent, with user withdrawals expected to resume Sunday. Trump expressed skepticism about recovering the funds and said the U.S. is still investigating the attribution, noting he would talk to North Korea if confirmed. Secretary of State Marco Rubio added that Trump remains open to talks with Kim Jong-un, though no meeting has been scheduled.