CryptoHypeBuster

TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor

Decrypt · Fri, 30 Oct 2026 12:22:04 GMT

Hype 3/100 · Market impact 40/100 · Breaking 45/100

TRM and Chainalysis attributed the $6.4 billion Binance hack to North Korea’s TraderTraitor, the group also blamed for the Bybit hack, while Binance reported reserving $6.34 billion in company money to cover user losses.

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