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NewsReported

North Korea linked to massive Binance crypto heist

Context: The FBI says North Korea was behind the $6.3 billion Binance heist of October 29th; Bloomberg reports Binance ran a global war room of about 100 people to contain it.

From The Verge: The FBI says North Korea was behind the massive $6.3 billion crypto heist that hit Binance on October 29th. The FBI labeled the activity "TraderTraitor" and said that it had observed actors it has connected to hack converting the tokens to Ethereum and preparing for further laundering of the funds.

Source
The Verge (theverge.com)
Published
First seen here
Edition
Sunday, November 1, 2026, ranked 18
Status
A publication reported this; the company may not have confirmed it.
Why it’s here
The largest crypto hack in history, now attributed to North Korea by the FBI; Bloomberg has the inside account.
Topics
Crypto, Security
News

THORChain, which handled ~$1B of stolen Bybit funds in 2025 for $12M+ in fees, began moving the Binance loot despite FBI pleas (opens wsj.com)

THORChain, which handled ~$1B of stolen Bybit funds in 2025 for $12M+ in fees, began moving the Binance loot despite FBI pleas, saying it can't stop transfers — Some crypto developers say they can't stop North Korean hackers from laundering stolen funds through their platforms, frustrating law…

The Wall Street JournalNov 8, 2026Details
North Korea linked to massive Binance crypto heist · Keeping Up with Silicon Valley