Trump says US would contact North Korea if it’s tied to the $6.3 billion Binance hack

The president's remarks follow an FBI attribution to North Korea's TraderTraitor group after roughly $6.3 billion was drained across ten blockchains President Donald Trump says the US would reach out to North Korean officials if investigators confirm Pyongyang was behind the Binance hack. That breach drained approximately $6.3 billion from the world’s largest crypto exchange. Trump made the remarks on October 30 and 31, as the fallout from the October 29 breach spread. He framed outreach to North Korean authorities as conditional on confirmation of the link. What happened at Binance The attackers took digital assets spread across ten different blockchains. Most of the funds moved in about 20 minutes. Blockchain analytics firms TRM Labs and Chainalysis moved quickly to name a suspect: TraderTraitor. That is a North Korean state-sponsored hacking group tied to earlier high-profile attacks, including the Bybit breach in 2025. On October 31, the Federal Bureau of Investigation (FBI) backed that attribution. The bureau also urged industry participants to block wallet addresses linked to the operation. A substantial portion of the stolen assets has reportedly been converted primarily to ...