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U.S. authorities and blockchain analysts have blamed North Korean hackers for the record $6.3 billion theft from Binance, the world's largest cryptocurrency exchange. The FBI identified North Korean hackers as responsible, and blockchain analysis firm TRM Labs said an attacker moved approximately $6.36 billion out of Binance wallets. Business Korea reports the hackers are laundering the stolen assets, worth about 8.4 trillion won, through thousands of transfers across 12,000 wallets. U.S. President Donald Trump said Washington is verifying North Korean involvement and would talk to Pyongyang if it is found to be behind the heist.

North Korea has denied any involvement. Kim Yo-jong, the influential sister of North Korean leader Kim Jong-un, dismissed the accusations, and Pyongyang protested U.S. claims, accusing Washington of conducting a campaign. Korean crypto exchanges are on alert as signs emerge that the stolen assets are being laundered, with domestic exchanges seeking to bolster defenses. The Korea Times warns the heist poses a serious threat to global security, noting state-sponsored hackers have carried out malicious cyberattacks since the 2010s.