The story so far
- Binance Estimates $6.3 Billion Hit in Likely Record Crypto Hack72 sources
- FBI Blames North Korea for $6.3 Billion Binance HackYou are here
- Binance Says It Has Replenished 90% of $6.3 Billion Hack18 sourcesLatest
Updated 42m ago · Tech
FBI Blames North Korea for $6.3 Billion Binance Hack
The FBI said Saturday that North Korean hackers stole $6.3 billion in crypto from Binance. The theft happened Thursday, Oct. 29.
- $1.5 billion: TraderTraitor's Bybit theft last year, per the FBI.
- 20 minutes: how long the asset transfer took, TRM Labs said.
- $3 billion in affected assets was frozen on-chain, Binance said.
- Binance blamed an engineer's compromised laptop and evidence-deleting malware.
Why it matters: The FBI said the hackers are converting stolen assets mostly into ethereum. It asked exchanges and analytics firms to block transactions from listed addresses.
- 90% of stolen value is covered by reserves, Binance said.
- Crypto prices fell Friday after news of the theft.
How 22 sources split on this story
Source landscape
Factuality
High
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Strong LeftLeftLean LeftCenterLean RightRightStrong Right
Political Bias
Coverage by lean
22 sources · 30 articles · 50% Center coverage
Where they split: The coverage differs on certainty: the FBI names North Korea, while President Donald Trump said, "We don't know if it's North Korea."
Center coverage, 11 sources: The center pairs the FBI finding with Trump's doubts and an analyst's view of a long tracing effort.
CTV News8hFBI blames North Korea for stolen billions from Binance in biggest hack in historyBloomberg12hFBI Blames North Korea for $6 Billion Binance Crypto HackAssociated Press10hFBI blames North Korea for stolen billions from Binance in biggest hack in historyAxios23hHow North Korea perfected the crypto heistBBC News1dWhy North Korea's 'elite' hackers are the prime suspect in major Binance hackDeutsche Welle8hFBI blames North Korea for $6 billion Binance Heist — Biggest cryptocurrency theft in historyFinancial Times2dHow North Korea became a hacking superpowerJapan Times7hFBI blames North Korea for $6 billion Binance crypto hackJerusalem Post0mOver $6 billion in 20 minutes: FBI accuses North Korea of largest-ever crypto hack against BinanceNewsweek11hFBI Says North Korea Behind $6 Billion Binance Crypto TheftThe Hill2dTrump says US looking into Binance hack: ‘We don’t know’ if North Korea responsible
Left coverage, 3 sources: The left frames it as a straight FBI attribution story centered on the theft's record size and the laundering hunt.
Right coverage, 8 sources: The right emphasizes the FBI's confirmation of North Korean responsibility, with some outlets adding Binance's legal history and its founder's pardon.
Daily Mail10hFBI confirms North Korea was responsible for 'biggest hack in history' after $6.3billion was stolen from crypto giant BinanceThe Epoch Times1dFBI Blames North Korea for $6.3 Billion Binance HackJust the News1dFBI says North Korea behind theft of $6 billion in crypto assets from BinanceNew York Post1dHow North Korea’s ruthless state sponsored hackers, main suspects in the $6.3B Binance heist, operateAmerican Greatness1hFBI Blames North Korean Hackers for $6 Billion Cryptocurrency Heist › American GreatnessNewsmax12hFBI: North Korea Behind $6 Billion-Plus Binance Crypto HeistNTD8hFBI Blames North Korea for Stolen Billions From Binance in Biggest Hack in HistoryThe Western Journal2dNorth Korean Hackers Pulled Off 'Largest Bank Heist in Human History' by Infiltrating Crypto Exchange
What’s next: The FBI expects the hackers to move funds through DeFi and instant swap services. Ari Redbord of TRM Labs said laundering through smaller exchanges could take months.
- Binance said withdrawals would reopen Sunday.
- Binance plans to rebuild its user protection fund to about $1 billion.
- How much of the stolen crypto can investigators trace and recover?
- Why did Trump question an attribution his own FBI had made public?
- How long will it take Binance to cover the remaining 10% of less liquid tokens?
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