Summarized by Jennifer Rae Vliet, News Editor of The Plain Truth, from reporting by Sophie Gable, Daily Mail, and an FBI announcement.
The Federal Bureau of Investigation has confirmed North Korea was behind the ‘biggest hack in history’ after $6.3billion was stolen from the cryptocurrency giant Binance, sending executives into an overnight panic.
FBI Links Binance Hack to North Korea
The FBI attributes the theft to North Korean cyber activity it tracks as TraderTraitor. The agency says hackers took more than $6 billion in virtual assets from Binance around October 29, 2026.
Investigators from the FBI, U.S. Secret Service and IRS Criminal Investigation have tracked the stolen cryptocurrency.
According to the Daily Mail report, Binance investigators discovered additional points of breach. Those findings challenged an earlier explanation that focused on a single compromised laptop.
Investigators Track the Stolen Funds
Federal investigators say the attackers have converted stolen assets primarily into Ethereum. They expect further attempts to move and disguise the funds through decentralized finance platforms and instant exchange services.
Authorities have urged cryptocurrency businesses to block transactions involving addresses linked to the theft. The FBI has also published a list of addresses associated with the attackers.
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