According to unfolded, North Korea is attributed with approximately $9.6 billion in crypto theft since 2019, with nearly two-thirds stemming from the attack on Binance on October 29, 2025. The operation moved 167,464 ETH worth $1.6 billion in USDT within about twenty minutes, with estimated losses ranging from $6.3 billion to $6.4 billion depending on the analytics firms. Chainalysis and TRM Labs attributed the attack to TraderTraitor, while Elliptic considered the attribution probable but not definitive and the FBI has not yet confirmed responsibility. About $2.84 billion was frozen, but $3.3 billion remained beyond reach across roughly forty addresses, while Binance suspended some deposits and withdrawals and pledged to compensate customers.
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