North Korean hackers stole over $6 billion from Binance - FBI

The Federal Bureau of Investigation, FBI, has blamed North Korean hackers for the theft of much than $6 cardinal successful virtual assets from Binance, the world's largest cryptocurrency exchange.

The FBI disclosed this successful a connection connected Saturday, 2 days aft the cyberattack disrupted operations connected the cryptocurrency trading platform.

According to the agency, the Democratic People's Republic of Korea (North Korea) was liable for stealing much than $6 cardinal successful virtual assets from Binance connected oregon astir October 29, 2026.

The FBI said it had identified the cyber cognition arsenic "TraderTraitor", a malicious hacking enactment linked to North Korean actors.

It added that investigations by the FBI, alongside the United States Secret Service and the Internal Revenue Service Criminal Investigation showed that the hackers had been converting the stolen assets, chiefly into Ethereum.

"The FBI, unneurotic with partners astatine the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets chiefly into Ethereum," the connection said.

The bureau warned that the hackers were expected to further launder the stolen funds done decentralised finance, DeFi, platforms and instant swap services earlier moving them done further laundering channels.

The FBI urged members of the nationalist crossed the satellite to supply immoderate inf...