FBI blames North Korea for $6.3 billion Binance crypto hack; exchange replaces 90% of stolen funds
Summary
The FBI said on Saturday that North Korean state-sponsored hackers were behind the theft of about $6.3 billion from the cryptocurrency exchange Binance, which outlets describe as the largest crypto heist on record. The bureau tied the attack to malicious cyber activity by a unit known as TraderTraitor, the same actors behind a $1.5 billion hack of Bybit last year, and asked exchanges and blockchain analytics firms to block the stolen assets. The theft hit Binance on Thursday, and the exchange had paused withdrawals while it investigated a suspected breach. Binance said on Saturday that it had replaced about 90% of the amount stolen and plans to fully reimburse customers, and it has started letting customers withdraw funds again. Reported figures vary: some outlets cited about $6 billion, or more than $6 billion, rather than $6.3 billion.
Timeline
New York Times
Source ↗The New York Times reports that this week's $6.3 billion hack of Binance is the largest to hit crypto and would be the most North Koreans have stolen in years of brazen cybercrime.
BBC
Source ↗The BBC reports that Binance is covering 90% of losses after a $6.3bn hack and that the FBI says North Korea was responsible.
CBC
Source ↗CBC reports that Binance said on Saturday it had replaced 90 per cent of the amount stolen in a record $6.3-billion hack, and that the FBI blamed the North Korean state-sponsored unit TraderTraitor.
The Japan Times
Source ↗The Japan Times reports that the FBI blames North Korea for a $6 billion hack of Binance and that Binance will cover about 90% of the loss and plans to restore withdrawals.
The Straits Times
Source ↗The Straits Times reports that the FBI blames North Korea for the US$6 billion hack of Binance.
South China Morning Post
Source ↗The South China Morning Post reports that the FBI said on Saturday the theft of billions from Binance, the biggest cryptocurrency heist in history, was orchestrated by North Korean hackers and tied to TraderTraitor, the same actors behind a US$1.5 billion Bybit hack last year.
Hindustan Times
Source ↗Hindustan Times reports that the FBI blamed North Korea for the record $6.3 billion Binance hack as the exchange replaced 90% of stolen funds.
ABC
Source ↗ABC reports that the FBI has officially accused North Korean hackers of stealing more than US$6 billion from the cryptocurrency exchange Binance.
Deutsche Welle
Source ↗Deutsche Welle reports that the FBI said the theft was tied to malicious cyber activity by TraderTraitor, the same actors behind a $1.5 billion Bybit hack last year.
RTÉ
Source ↗RTÉ reports that Binance resumed withdrawals after more than $6 billion in virtual assets were stolen in a major hack that the FBI said North Korea was responsible for.
RTÉ
Source ↗RTÉ reports that the FBI has accused North Korea of stealing more than $6 billion in virtual assets from Binance, which it says is thought to be the biggest-ever crypto heist.
Le Monde
Source ↗Le Monde reports that the FBI confirmed earlier suspicions that TraderTraitor, a North Korea-affiliated group, was behind the $6 billion hack of Binance.
Al Jazeera
Source ↗Al Jazeera reports that the FBI blamed North Korea for a record $6.3bn crypto heist and that Binance says it has covered 90 percent of losses from the multibillion-dollar hack.
NDTV
Source ↗NDTV reports that the FBI accuses the North Korean group TraderTraitor of the $6 billion Binance hack, the same group blamed for a $1.5 billion theft from Bybit.
The Times of Israel
Source ↗The Times of Israel reports that the FBI ties Thursday's $6.3-billion theft from Binance to TraderTraitor, the entity responsible for a $1.5-billion hack last year, and that Binance says customers will be fully reimbursed.
The Guardian
Source ↗The Guardian reports that Binance has started letting customers withdraw funds after the $6.3bn hack, says it has covered 90% of losses, and that the FBI blames the North Korean state-sponsored group TraderTraitor.
Al Jazeera
Source ↗Al Jazeera reports that Binance is restarting withdrawals after the $6.3bn heist and that the FBI says hackers from North Korea are responsible for the theft.

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