Tech
FBI: North Korean Hackers Stole $6.4 Billion from Binance
The FBI says hackers linked to North Korea are behind a massive cryptocurrency heist that cost Binance over $6 billion.
Digital illustration of cryptocurrency symbols with a padlock symbol representing a cyber attack.
By John Doe
Reporting from North Korea
Nov. 1, 2026, 6:03 p.m. - an hour ago
The FBI has officially pointed the finger at North Korea for a massive digital robbery. They say a group of hackers tied to the country, known as 'TraderTraitor,' is responsible for stealing a record-breaking $6.43 billion from the cryptocurrency exchange Binance.
This is the biggest hack in the history of crypto. It happened very quickly, with billions of dollars vanishing in just minutes.
For a while, people using Binance were worried about their money. The platform had to shut down its withdrawal services—meaning people couldn't take their money out—while they dealt with the aftermath of the attack. Since then, the site has been able to start up again, and withdrawals are working once more.
Experts and news outlets like the Wall Street Journal and The Washington Post have been looking into how exactly the hackers managed to pull this off. It was a highly organized and fast-moving job that has left the tech and finance worlds in shock.
For now, the focus is on how this happened and what can be done to stop these kinds of giant cyber thefts in the future. The FBI continues to track the stolen funds, but recovering that much money from hackers is incredibly difficult.
Source: The Hacker News
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