FBI attributes Binance hack to North Korea

According to Cointelegraph, the U.S. Federal Bureau of Investigation has attributed a record cryptocurrency theft from Binance to state-affiliated actors linked to North Korea. The agency stated that it determined through investigative analysis that the incident involved unauthorized access and extraction of digital assets valued at $6.3 billion.

The FBI indicated that the operation targeted Binance’s platform and resulted in the removal of substantial amounts of cryptocurrency held by users or stored within the exchange’s systems. No further details were provided regarding the method of entry, timing beyond general reference to the hack as record-level, or specific cryptocurrencies involved.

In its statement, the FBI emphasized that it is working with private sector partners to identify and disrupt efforts related to the laundering or transfer of the stolen assets. The agency called for collaboration among exchanges, blockchain analytics firms, and financial institutions to improve detection and response capabilities.

The announcement reflects part of an ongoing U.S. effort to address cyber-enabled financial crime tied to foreign governments, including North Korea, which is listed by the Treasury Department as a country supporting illicit financial activities.