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MarketBinanceCrypto Live NewsFBI
Oct 31, 2026
< 1min read
byWhitney Nyantune
forCoinEdition
The FBI attributed the $6.3 billion Binance theft to North Korean hackers known as TraderTraitor and said most of the stolen funds were converted to ether. US agencies urged crypto firms, including DeFi platforms and instant-swap services, to block transactions tied to identified addresses and monitor laundering activity.
The FBI has linked the $6.3 billion theft from Binance to North Korean hackers, warning cryptocurrency businesses against processing transactions connected to the attackers. In an Oct. 31 alert, the bureau identified the activity as “TraderTraitor” and warned that stolen funds could move through decentralized finance (DeFi) platforms.
According to the FBI, North Korean actors converted most of the stolen assets into ether. The bureau expects further laundering through DeFi platforms and instant-swap services, urging businesses across the crypto industry to help block the funds.
FBI Urges Crypto Firms to Block Stolen Funds
The FBI, alongside the US Secret Service and IRS Criminal Investigation, urged node operators, instant exchanges, and DeFi services to block transactions linked to identified addresses. The agencies also warned businesses to monitor subsequent tran…
