FBI Attributes Record $6.43 Billion Binance Crypto Heist to North Korea's TraderTraitor Hacking Group

The U.S. Federal Bureau of Investigation (FBI) has officially linked the theft of over $6 billion in virtual assets from Binance to TraderTraitor, an elite North Korea-aligned hacking group also known as Jade Sleet. The FBI, along with the U.S. Secret Service and IRS Criminal Investigation, observed the threat actor converting stolen assets primarily into Ethereum (ETH) for further laundering. Binance has since resumed phase one of withdrawals after pausing them due to the incident.