Dedicated Issues··Monday, November 2, 2026, 1:00 PM

Binance lost $6.3 billion in the biggest crypto theft ever

The FBI has attributed the $6.3 billion theft from Binance to North Korea’s TraderTraitor group, which moved the money across ten blockchains in about twenty minutes. Binance says it replaced roughly 95% of it from its own reserves, and investigators have frozen another $2.85 billion. Scott Melker explains why the outflows stayed under 4% of

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