The FBI attributes the attack on Binance to North Korea, which resulted in a loss of $6.3 billion, the largest cryptocurrency theft in history. The FBI says the North Korean hacking unit known as Traderbog was responsible for the attack, and is asking cryptocurrency companies to block any transactions related to the stolen funds. Binance announced the breach on Friday. According to blockchain analytics firm TRM, about $6.36 billion was withdrawn from Binance "hot" wallets across ten different blockchains, most within about 20 minutes. Binance claims that about $3 billion has been frozen and that the company has set aside more than $6.3 billion to cover user losses. This value is more than 4 times higher than the previous record, the attack on Babbitt in February 2025, which also resulted in a loss of 1.5 billion dollars, and which the FBI also attributed to North Korea.

The FBI attributes the attack on Binance to North Korea, which resulted in a loss of $6.3 billion, the largest cryptocurrency theft in history. The FBI says the North Korean hacking unit known as Traderbog was responsible for the attack, and is asking cryptocurrency companies to block any transactions related to the stolen funds. Binance announced the breach on Friday. According to blockchain analytics firm TRM, about $6.36 billion was withdrawn from Binance "hot" wallets across ten different blockchains, most within about 20 minutes. Binance claims that about $3 billion has been frozen and that the company has set aside more than $6.3 billion to cover user losses. This value is more than 4 times higher than the previous record, the attack on Babbitt in February 2025, which also resulted in a loss of 1.5 billion dollars, and which the FBI also attributed to North Korea.