Sunday, 1 November 2026 Updated 54 min ago
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FBI links North Korea to $6 billion Binance crypto theft

DW reported that the FBI said a $6 billion theft of cryptocurrency from Binance was tied to "malicious cyber activity" by a group identified as TraderTraitor.

DW reported that the FBI said a $6 billion theft of cryptocurrency from Binance was tied to "malicious cyber activity" by a group identified as TraderTraitor. The agency linked the same actors to a $1.5 billion hack of the Bybit platform last year. According to the FBI, the operation was carried out on behalf of North Korea. The statement suggests a pattern of large‑scale cyber‑enabled thefts targeting major crypto exchanges. Officials have not disclosed further details about the investigation or any arrests.

The FBI’s attribution adds to a growing list of alleged state‑sponsored cyber crimes involving digital assets.

Why it matters

The claim points to North Korea’s involvement in high‑value cryptocurrency thefts, highlighting the security risks facing global crypto platforms.

Key details

Location
North Korea · Asia
Reported by
DW
First reported
Key names
FBI, Binance, TraderTraitor, Bybit
Section
Technology

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at DW

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