CryptoHypeBuster

Binance Starts Withdrawal Recovery as FBI Blames North Korea for $6B+ Hack

CryptoPotato · Sun, 01 Nov 2026 06:30:41 GMT

Hype 24/100 · Market impact 100/100 · Breaking 66/100

Binance said it would begin reopening withdrawals in phases between 06:00 and 09:00 UTC today, less than 72 hours after more than $6 billion in cryptocurrency was stolen from the exchange. The FBI attributed the theft to North Korean hackers as part of a campaign known as TraderTraitor and said the stolen assets were being converted to Ethereum and moved through laundering channels. Binance said the first phase covers 15 networks and that deposits had remained available; it reported 95% of affected assets replenished, up from 90% on Saturday, with the remaining 5% in less-liquid tokens. The company pledged to absorb the loss while U.S. President Donald Trump said he would talk to North Korea if its responsibility was confirmed.

Read the full story on CryptoPotato →