THORChain Founder Resists FBI Call to Block Binance Hack Funds
The FBI blamed North Korea's TraderTraitor group for the record $6.3 billion Binance theft and urged crypto platforms to block linked addresses. THORChain's co-founder pushed back.
AfroEuropa Newsroom
AfroEuropa desk
The U.S. Federal Bureau of Investigation has attributed the theft of more than $6 billion in cryptocurrency from Binance to North Korea, pointing to the state-linked hacking group known as TraderTraitor, and has called on crypto platforms to block addresses tied to the stolen assets.
The breach occurred on October 29, 2026. According to BleepingComputer, the FBI confirmed the attack was the largest cryptocurrency heist on record, with figures reported at more than $6.3 billion. In a notice published on October 31, the bureau said it had identified Bitcoin, Ethereum and Solana addresses used by the attackers and asked exchanges, decentralized finance protocols and other industry participants to block transactions involving them. The FBI, working with the U.S. Secret Service and IRS Criminal Investigation, said the hackers were converting stolen assets primarily into ether before routing them through DeFi protocols and instant-swap services to obscure their origin.
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FBI Ties North Korea to Multibillion-Dollar Binance Hack, Seeks Help Blocking Addresses
The FBI has attributed a hack of Binance valued in the billions to North Korea and asked the DeFi community to block wallet addresses linked to the stolen funds.
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