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On October 29, 2026, the FBI attributes a $6.7 billion cryptocurrency theft from Binance to North Korea's TraderTraitor group. Investigators confirm state-sponsored actors stole exchange funds, not user wallets, and are laundering assets across Ethereum and Solana before converting them via DeFi services. Attackers drained assets in around 20 minutes. Kim Yo-jong is senior government official.
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Summary by ByteBrief

North Korea Steals $6.4B From Binance

North Korea Steals $6.3B in Crypto

TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes (Tom Westbrook/Reuters)