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The $6.3 Billion Binance Hack Was Pulled Off in Just 20 Minutes

Chainalysis and other tracing firms link the theft to North Korea's TraderTraitor group, and Binance says it has frozen about three billion dollars; the total may rise.

Photo: Binance
Photo: Bretwa · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0

At a glance

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Hank Ledger · Lead AnchorBinance has confirmed a hack of about six point three billion dollars, and tracing firms say most of it moved in roughly twenty minutes, according to TRM Labs.

  2. Gloria Vance · World News AnchorSeveral firms point to North Korean hackers known as TraderTraitor, the group the FBI blamed for the one point five billion dollar Bybit theft in February two thousand twenty-five.

  3. Gloria Vance · World News AnchorBinance says about three billion dollars in affected assets has been frozen and it will cover customer losses.

  4. Vera Bullock · Co-AnchorTwenty minutes. I have spent longer choosing a font for my vision board.

  5. Hank Ledger · Lead AnchorBinance's early finding points to one engineer's laptop, though it says there were other points of breach.

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From the archive: everything BBN aired on Friday, October 30, 2026 · the Tech archive · all months