FBI links over $6 billion Binance crypto theft to North Korean group TraderTraitor
CRITICAL · CRYPTOBinanceredteam/daily · 2 sources
- Severity
- Critical
- Sources
- 2
What happened
The FBI says North Korean hackers stole more than $6 billion in digital money from the cryptocurrency exchange Binance on or about 29 October 2026. Binance estimates the loss at about $6.3 billion, and the stolen funds were largely converted into Ethereum.
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What to do
- Exchanges, blockchain analytics firms, DeFi providers and node operators should block transactions involving the addresses named in the FBI alert and transactions derived from them.
- Anyone with relevant information should contact an FBI field office or submit a report through the Internet Crime Complaint Center.
- Be wary of private crypto recovery services, as the IC3 states it does not partner with them.
Written by AI from the sources, checked against them
Full story timeline · 2 updates
Who reported · 2 outlets
Cyber Security NewsGBHackers
Who and what is in it
Threat actors