FBI attributes $6 billion Binance hack to North Korea's TraderTraitor group

FBI formally blames North Korea's TraderTraitor group for the theft of over $6 billion from Binance, designating the malicious activity as "TraderTraitor." The bureau is working with the US Secret Service and IRS to track stolen assets being converted primarily into ETH and funneled through DeFi and instant swap services. Hundreds of related ETH, BTC, and SOL addresses have been published, with calls for THORChain node operators, RPC providers, and DeFi platforms to block transactions. Analysts note that the Lazarus Group's cumulative stolen funds now stand at $11.87 billion, equivalent to 45% of North Korea's 2025 GDP. Binance has resumed withdrawals for USDC, USDT, and ETH on Ethereum and USDC, USDT, and BNB on BNB Smart Chain, with plans to restore services across 15 networks. The exchange has also updated its proof-of-reserves to include newly generated wallets and revealed it has covered $6 billion of the hack losses, with around 90% of affected assets replenished.