Trump Looks at North Korea Link to Binance Hack

President Donald Trump is reportedly examining whether North Korea was responsible for the Binance hack, Bloomberg reported, while the FBI and Secret Service investigate without naming an attacker; the FBI told Nextgov on October 30 that it was working with partners to assess the incident. Binance has confirmed the theft as the largest in crypto history. Chainalysis and TRM Labs attributed it to North Korea’s TraderTraitor group, with Chainalysis citing stolen funds mixed with proceeds from last month’s Bitget theft, though Elliptic cautioned that shared laundering channels can serve multiple clients and do not prove one attacker. About $3 billion has been frozen, but those funds have not been returned.