Blockchain investigators link Binance theft to North Korea's TraderTraitor

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Published Friday, October 30, 2026 · 2:19 PM EDT

Cryptocurrency analysis firms TRM Labs and Chainalysis attributed the roughly $6.3 billion Binance theft to the North Korean hacking team TraderTraitor, Cybersecurity Dive reported. The FBI and U.S. Secret Service also confirmed their involvement in the investigation. TRM Labs said attackers prepared at least 36 hours before the theft and stole most of the money in roughly 20 minutes. It identified advance signatures, wallet staging and funding patterns resembling earlier North Korea-linked attacks. Binance said several systems, including an engineer's laptop, were compromised before attackers accessed a privileged withdrawal system. The attribution comes from the analysis firms; the federal agencies confirmed investigative involvement.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo and reviewed by the T&B editorial agent team.

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