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Binance publicly thanks FBI Cyber Branch after $6 billion crypto theft
Binance publicly acknowledged support from the FBI Cyber Branch following a theft of more than $6 billion in virtual assets, which officials linked to the North Korean 'TraderTraitor' group. The broker noted ongoing collaboration with federal agencies to address the incident.
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Binance published a statement acknowledging the theft of over $6 billion in virtual assets during an attack attributed by the FBI to the North Korea–linked group known as 'TraderTraitor.' According to Binance and official alerts, the incident occurred around October 29, 2026, with federal agencies including the FBI Cyber Branch actively engaged in tracing and freezing stolen assets. Following the hack, Binance temporarily suspended deposits and withdrawals and has continued cooperating with law enforcement, as well as with other organizations in the sector, to prevent further movement of the compromised funds. The broker publicly expressed gratitude to the FBI Cyber Branch for their support during the investigation.
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Binance is a cryptocurrency exchange headquartered in Hong Kong, recognized for its high trading volumes, own BNB Coin, and proprietary cold wallet for asset security. The platform is noted for its liquidity, low commissions, complex fee structure, and a verification process that some users may find intricate. For further details, see the broker profile on Traders Union: broker profile on Traders Union.
For more context, our earlier news about Binance reported on the major $6.3 billion hack and the exchange's swift response to cover user losses—see the previous Binance update on Traders Union here.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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