FBI says North Korea stole $6.3B from Binance in largest crypto heist

nypost.com —

The FBI said Saturday that North Korean hackers orchestrated the theft of $6.3 billion from Binance, marking the largest cryptocurrency heist in history. The bureau attributed the attack to an entity known as TraderTraitor. The FBI linked the attack to the same actors behind a $1.5 billion Bybit hack last year and asked crypto exchanges to block transactions tied to specific addresses. Investigators found TraderTraitor is converting stolen assets primarily into Ethereum and may use decentralized finance services to launder the funds. Binance said it has reserved enough digital currency to cover 90% of the missing assets and promised full customer reimbursement. President Donald Trump said investigators are not yet certain North Korea is involved, while experts expect the hackers to launder funds through smaller exchanges over months.


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