The FBI accuses the Democratic People’s Republic of Korea of stealing about $6.3 billion in digital assets from the cryptocurrency exchange Binance. It calls the malicious operation “TraderTraitor” and says the hackers are mainly converting the stolen funds into Ether (ETH). The FBI asked private-sector companies to block transactions involving addresses used to launder the assets through decentralized finance and instant swap services. According to CertiK, North Korean-linked groups stole more than $2 billion of the $3.4 billion in cryptocurrency security losses recorded in 2025.
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