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North Korea Stole $6.3 Billion in Cryptocurrency from "Binance" - FBI

North Korea Stole $6.3 Billion in Cryptocurrency from "Binance" - FBI
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The US Federal Bureau of Investigation (FBI) has accused North Korea of carrying out a cyberattack on the "Binance" cryptocurrency exchange and stealing digital assets worth $6.3 billion.

"PostMedia" reports that this is stated in a statement published on the FBI's official website.

According to the document, North Korea (the Democratic People's Republic of Korea) is responsible for the theft of more than $6 billion in virtual assets from the "Binance" platform on or around October 29, 2026.

American investigators concluded that the record-scale theft was carried out by a North Korean hacker group known as "TraderTraitor". The FBI says the cybercriminals began converting the stolen funds into "Ether", the cryptocurrency of the "Ethereum" blockchain network.

The statement notes that the stolen assets are expected to be laundered at a later stage by converting them through "DeFi" (decentralized finance) services and instant exchange platforms. These methods are used as preparation for the next stages of legalizing the funds.

"DeFi" covers financial services that operate on blockchain technology. Instant exchange platforms, in turn, allow one cryptocurrency to be quickly swapped for another without the involvement of banks or traditional intermediaries.

The FBI has published a list of about 500 "Ethereum" addresses that members of the "TraderTraitor" group used to launder the stolen assets. The agency urged cryptocurrency platforms, "DeFi" services and blockchain analytics companies to block transactions linked to those addresses.

According to "Binance", the world's largest cryptocurrency exchange by trading volume, the platform has 335 million users. Data provided by "Crypto.com" shows that the number of cryptocurrency owners worldwide is 741 million.

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