The FBI attributed the 29 October theft of about $6.3 billion in crypto assets from Binance to North Korea-linked TraderTraitor actors. AP and Euronews reported the bureau’s 31 October statement.

Reuters reported on 1 November that Binance had covered 95% of the losses and would resume withdrawals in phases. Covering customer losses does not mean all stolen funds have been recovered from the attackers.

The FBI previously linked the roughly $1.5 billion Bybit theft in February 2025 to the same activity group.