FBI says North Korea behind $6 billion Binance crypto theft

DW World reports: The FBI said the theft was tied to "malicious cyber activity" by an entity known as TraderTraitor, the same actors behind a $1.5 billion Bybit hack last year. The FBI said Saturday that North Korea was behind the theft of more than $6 billion (€5.36 billion) in virtual assets from the cryptocurrency exchange Binance. "The Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange Binance, on or about October 29, 2026," the US law enforcement agency said in a statement.

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