TraderTraitor

3 stories since 30 October 2026, newest first

3 November 2026

Binance says hackers stole about $6.3 billion in crypto assets on 29 Oct, in what it calls the largest heist of its kind. The exchange says attackers used fake job interviews and tampered software to compromise two engineers' computers, starting in June. Hackers kept moving funds for nearly four hours after the first theft was detected. Binance says it has replenished 98% of the affected assets and is repaying all customers whose funds were taken. The FBI has linked the attack to North Korean hackers, a claim Pyongyang rejects.

Customers have withdrawn a net $4.72 billion since Binance lifted its temporary suspension, while the exchange reports that 95 percent of the affected tokens have been replenished and hourly deposits now exceed withdrawals. The FBI attributes the theft of more than $6 billion to the North Korea‑linked group TraderTraitor, which it says was converting the stolen assets into Ethereum for further laundering. North Korean officials, speaking through Kim Yo Jong, reject the accusations as absurd political rhetoric. The incident is described by experts as possibly the largest crypto‑exchange heist on record.

30 October 2026

Crypto exchange Binance says hackers took about $6.3 billion in client assets on 30 Oct, the largest crypto theft on record. Binance says it has covered around 95 % of the losses from its own funds. The FBI attributes the attack to North Korean hackers, identifying the operation as TraderTraitor. Circle and Tether froze billions in stolen stablecoins. Binance suspended withdrawals and began phased resumption on Sunday, 1 Nov. It processed $4.65 billion in withdrawals and $1.01 billion in deposits that day. Binance says net outflows were $3.64 billion, about 2.1 % of its assets.

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