The FBI says the Democratic People's Republic of Korea (DPRK) was behind the theft of more than $6 billion in cryptocurrency from Binance on or around October 29. The bureau linked the attack to the DPRK-linked TraderBugd operation and said the stolen funds are mostly converted into Ethereum before being transferred through DeFi platforms and instant exchange services for further laundering.

The FBI says the Democratic People's Republic of Korea (DPRK) was behind the theft of more than $6 billion in cryptocurrency from Binance on or around October 29. The bureau linked the attack to the DPRK-linked TraderBugd operation and said the stolen funds are mostly converted into Ethereum before being transferred through DeFi platforms and instant exchange services for further laundering.