North Korean hackers targeted Binance wallets across 10 blockchains, stealing funds in 20 minutes
The hackers behind the raid were from North Korea, according to US blockchain analysis firms TRM Labs. PHOTO: PEXELS
Binance is working with law enforcement around the world, including the Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS), after hackers stole a record $6.3 billion from the platform, a person familiar with the situation told Reuters.
The FBI said in a statement that it was “aware of the incident and is engaged with relevant public and private partners to understand the scope of the activity, evaluate potential impacts, and coordinate appropriate investigative steps.”
The USSS did not respond to a request for comment sent via email outside of US hours.
Read More: Binance freezes assets after $6.3 billion heist, crypto industry’s biggest
Hackers stole $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in what analysts say is the biggest crypto hack ever, an attack that could prompt investors to rethink the risks of owning digital assets.
Today, OFAC designated 10 individuals and one entity in North Korean IT worker schemes. TRM added 8 listed crypto addresses under sanctions. Obertas alone converted nearly USD 2M in crypto for DPRK officials since Jan 2025.
Read more here: https://t.co/i9jt7yYUKQ pic.twitter.com/PJeTZ3kh4K
— TRM Labs (@trmlabs) October 28, 2026
The hackers behind the raid were from North Korea, according to US blockchain analysis firms TRM Labs and Chainalysis. The attackers targeted Binance wallets on 10 blockchains and shifted most of the funds in about 20 minutes, TRM Labs said in a statement.
