Binance resumes withdrawals after $6.3bn hack; FBI blames North Korea

· Cybersecurity · North Korea · United States

Binance said it restored backing for 90% of assets affected by a $6.3 billion hack and resumed phased withdrawals, according to reports. The FBI blamed North Korea for the theft, tying it to "malicious cyber activity" by an entity known as TraderTraitor, the same actors behind a $1.5 billion Bybit hack last year. President Donald Trump said the US will talk to North Korea if it is behind the hack. The group has been known to pose as recruiters offering jobs to trick victims.

Why it matters:State-linked crypto theft is becoming a major financing and security threat, drawing US attention to North Korea.

Key points

  • Binance resumed phased withdrawals
  • FBI tied the theft to TraderTraitor
  • Trump said the US would talk to North Korea if it was behind the hack

Sources (original reporting)

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