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FBI Accuses North Korea of Orchestrating Massive Binance Hack

The FBI has accused North Korea of being responsible for the theft of over $6 billion in virtual assets from the Binance cryptocurrency exchange on October 29, 2026. The bureau referred to the cyberattack as 'TraderTraitor' and noted that hackers were converting stolen assets primarily into Ethereum. Financial institutions and crypto users are urged to block suspicious transactions.

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