According to Elliptic, North Korean hackers spread the $6.43 billion stolen from Binance across about 12,000 wallets on 11 blockchains in under four days, with more than 40,000 transactions. Thanks to fast freezes by Tether and Circle, about 44% of the funds, or $2.85 billion, has been frozen or seized, compared with roughly 3% after the $1.5 billion Bybit hack in February 2025, though about $786 million in stablecoins still got away. About $3.24 billion remains in linked addresses, and Elliptic expects the funds to be cashed out over months through over-the-counter brokers. The FBI has attributed the attack to TraderTraitor, a North Korean state-linked hacking group.
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Keywords
cryptoBinancecybersecurityNorth Koreastablecoins
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Related tickers and likely impact
BNB/USDT
▼ Likely negativeBNB
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $92.9B |
| Close on 11/01/2026 | 712.69 |
| Change that session | +1.24% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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