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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
11/02/2026

FBI Attributes Binance Theft to TraderTraitor as Attackers Multiply Wallets

What happened: The FBI attributed the theft of more than $6 billion from Binance, occurring on or about October 29, to North Korea-affiliated TraderTraitor, with coverage placing the loss around $6.

FBI Attributes Binance Theft to TraderTraitor as Attackers Multiply Wallets

What happened: The FBI attributed the theft of more than $6 billion from Binance, occurring on or about October 29, to North Korea-affiliated TraderTraitor, with coverage placing the loss around $6.3 billion. Its blocklist included more than 600 Ethereum addresses, fewer than 20 Bitcoin addresses and one Solana address, while Chainalysis CEO Jonathan Levin said the attackers had already used thousands of addresses. Separate reporting put the movement of stolen assets at $6.36 billion across 10 blockchains, mostly within approximately 20 minutes, with around $2.7 billion frozen.

Why it matters: The gap between hundreds of listed addresses and thousands reportedly used suggests that a published blocklist is a changing investigative reference, rather than a complete map of the laundering operation. The reported freezes demonstrate that intervention can constrain access to stolen assets, but those funds should not be treated as returned to Binance or available to reimburse customers. A central question is whether exchanges and other service providers can keep their controls aligned with the expanding wallet footprint.

Sources: CoinDesk; CryptoTicker; Altcoin Buzz.