FBI: North Korea Stole $6.3 Billion From Binance Customers

The FBI has announced that North Korea was behind the major cryptocurrency attack on the Binance platform on October 29, 2026. According to the agency, individuals linked to North Korea stole $6.3 billion (approximately AZN 10.71 billion) in cryptocurrency from Binance customers. The FBI calls this cyberattack “TraderTraitor.”

The FBI observed that the stolen assets were primarily converted into the Ethereum cryptocurrency. The agency believes that the trail of the funds could be concealed in the next stage using DeFi and instant swap platforms. DeFi refers to financial services that operate without a central authority. These services make it possible to convert cryptocurrency into other assets quickly.

The FBI has not provided detailed evidence of how the attack was carried out or how the link to North Korea was confirmed. The US Secret Service and the criminal investigations division of the US Internal Revenue Service have also joined the investigation. It has not yet been disclosed how much of the stolen funds has been traced or recovered. It is also unknown how many customers were affected by the attack.

Binance suspended withdrawals from customer accounts immediately after the attack. The platform resumed these transactions by reopening withdrawals on November 1. The stolen assets are reportedly already being converted into other cryptocurrencies. The FBI expects the funds to be transferred to other services in the next stage.