'I'm not concerned': Trump disputes FBI finding that North Korea was behind the record $6.3bn Binance crypto heist
The FBI warned that those responsible for the Binance raid are converting stolen funds into Ethereum and laundering them through decentralised finance platforms.Kim Jong Un, whose country's TraderTraitor unit carried out the Binance raid using access gained through a compromised DevOps engineer's laptop, according to investigators.
Trump brushed off his own FBI's conclusion at a Halloween party at Mar-a-Lago on Saturday night, saying "we don't know if it's North Korea" hours after the bureau formally blamed Pyongyang's elite TraderTraitor hacking unit for the $6.3bn theft from Binance. The president added "I'm not concerned — we're learning about it," and suggested that if North Korea was responsible, his administration would simply "talk to them about it."
TraderTraitor, believed to be part of the Lazarus Group, drained $6.36bn from Binance across ten blockchains in roughly 20 minutes.
The FBI, working alongside the Secret Service and IRS, warned crypto exchanges to block linked addresses as hackers convert stolen funds into Ethereum ahead of laundering.
Binance says it has replenished 90% of lost assets from company funds and promised customers will be fully reimbursed.
