Record $6.3B Binance Crypto Hack Blamed on North Korea-Linked Group

The FBI has reportedly blamed North Korean hacking unit TraderTraitor and asked crypto services to block transactions tied to the stolen funds. TRM puts the amount drained from Binance’s hot wallets at around $6.36 billion, most of it within about 20 minutes. This is the largest crypto theft ever, more than four times the prior Bybit hack. Binance says roughly $3 billion has been frozen and more than $6.3 billion set aside to cover user losses.