The Aporia
The Straits Times. (2026, October 31). FBI blames North Korea for US$6 billion Binance crypto hack. The Straits Times. https://www.straitstimes.com/world/united-states/fbi-blames-north-korea-for-us6-billion-binance-crypto-hack
The Straits Times. “FBI blames North Korea for US$6 billion Binance crypto hack.” The Straits Times, 31 Oct. 2026, https://www.straitstimes.com/world/united-states/fbi-blames-north-korea-for-us6-billion-binance-crypto-hack.
The Straits Times. “FBI blames North Korea for US$6 billion Binance crypto hack.” The Straits Times, October 31, 2026. https://www.straitstimes.com/world/united-states/fbi-blames-north-korea-for-us6-billion-binance-crypto-hack.
Dated from the outlet's own feed. Check the original for its byline.
On October 29, 2026, Binance, the world’s largest cryptocurrency exchange, reported a potential security issue that may have been a hack, leading to significant financial actions. In response, Tether and Circle froze over $1.5 billion and $2.38 billion, respectively, in stablecoin assets. Binance's founder acknowledged it "does look like a hack on Binance," with the exchange suspending all deposits and withdrawals as a precautionary measure while investigating.
By November 1, the FBI confirmed that North Korea was behind the theft of over $6.3 billion from Binance’s platform, making it the largest digital heist in history. Despite this confirmation, President Donald Trump expressed uncertainty about North Korea's involvement before eventually acknowledging the possibility of talks with them if responsible.
Binance announced on November 1 that they had replaced approximately 95% of the stolen tokens using company funds and would resume withdrawals for major cryptocurrencies like Bitcoin starting Sunday morning.