North Korean Hackers Stole Over $6 Billion from Binance, FBI Says

Author: dailypost.ngPublished on: November 1, 2026Country: North Korea

Crime & LawTechnologyBusiness & Economy

North Korean Hackers Stole Over $6 Billion from Binance, FBI Says

The FBI blamed North Korean hackers for stealing more than $6 billion in virtual assets from Binance in an attack around October 29, 2026. The agency named the operation “TraderTraitor” and says the hackers are converting the stolen funds primarily into Ethereum before laundering them through decentralised finance platforms and instant swap services. The FBI, Secret Service and IRS Criminal Investigation are investigating and published wallet addresses linked to the hackers on the Ethereum, Bitcoin and Solana blockchains. Binance says it has sufficient funds to cover the losses and that customers will suffer no financial harm.

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