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North Korean Hackers Laundering $6.3B Binance Stolen Funds

U.S. blockchain analysis firm TRM Labs has attributed a record $6.36 billion theft from Binance, the world's largest cryptocurrency exchange, to North Korean hackers, Yonhap reports. Business Korea reports the hackers have begun moving the stolen assets, worth about 8.4 trillion won, through thousands of transfers—over 12,000 wallets and 3,000 transactions—to launder the funds. North Korea has protested the U.S. claims, accusing Washington of conducting a hostile campaign, while the FBI has officially blamed Pyongyang and President Trump has signaled openness to confronting the regime, according to KBS World. Korea's cryptocurrency exchanges are on alert as signs of laundering emerge, and analysts say North Korea has every incentive to keep stealing crypto to bankroll its military ambitions, the Korea Times reports.

  1. North Korean Hackers Move $6 Billion in Stolen Binance Funds Through 12,000 Wallets Business Korea · 2026-11-03
  2. North Korean Hackers Stole $6.3 Billion, Transfering Funds 3,000 Times for ‘Money Laundering’ Business Korea · 2026-11-03
  3. Pyongyang Protests Claims That N. Korean Hackers behind Binance Heist KBS World · 2026-11-02
  4. Blockchain analysis firm TRM says North Korea behind Binance crypto theft Korea Times · 2026-10-30
  5. Korean crypto exchanges on alert after $6.3 billion Binance hack Korea Times · 2026-11-03
  6. (LEAD) N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm Yonhap · 2026-10-30
  7. Trump Open to Confronting Pyongyang after FBI Blames N. Korea for Massive Binance Heist KBS World · 2026-11-02
  8. [COVER STORY] North Korea has every incentive to keep stealing crypto, analysts say Korea Times · 2026-11-01

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