Binance Says It Can Cover $6.3B Theft Losses as FBI Blames North Korea
Binance co-CEO Richard Teng stated the exchange has the financial health to cover losses from a $6.3 billion cryptocurrency theft, with 95% of affected tokens already replenished using the SAFU emergency fund and other reserves. The FBI attributed the attack to North Korea, which denied the accusation through Kim Yo Jong via state agency KCNA. Blockchain records show most of the theft occurred in roughly 20 minutes shortly after 20:00 GMT on Thursday. Withdrawals exceeded deposits by $4.72 billion by Monday (about 3% of platform assets), mostly in USDT, though analysts viewed this as limited and a sign of preserved client confidence. Binance suspended withdrawals for over two days before gradually restoring them and launched a trading incentive campaign running until November 21.
Detalhes técnicos
The remaining 5% of unreplenished tokens are described as lower-liquidity assets, which Binance is working to recover through over-the-counter trading providers. According to Elliptic, North Korea stole $7.6 billion in cryptocurrency in 2026, its highest annual total, while Chainalysis data shows 89% of 2026 crypto-service theft losses were linked to North Korea (up from 15% in 2021), with average loss per attack rising from $50.65 million in 2021 to $185.65 million in 2026.
Remediação
Binance resumed withdrawals for some assets on Sunday, with further options restored Tuesday, and reported hourly deposits exceeding withdrawals following resumption of operations.
Linha do tempo
-
Binance Says It Can Cover $6.3B Theft Losses as FBI Blames North Korea
ler a análise desta fonte ocultar
Binance co-CEO Richard Teng stated the exchange has the financial health to cover losses from a $6.3 billion cryptocurrency theft, with 95% of affected tokens already replenished using the SAFU emergency fund and other reserves. The FBI attributed the attack to North Korea, which denied the accusation through Kim Yo Jong via state agency KCNA. Blockchain records show most of the theft occurred in roughly 20 minutes shortly after 20:00 GMT on Thursday. Withdrawals exceeded deposits by $4.72 billion by Monday (about 3% of platform assets), mostly in USDT, though analysts viewed this as limited and a sign of preserved client confidence. Binance suspended withdrawals for over two days before gradually restoring them and launched a trading incentive campaign running until November 21.
Technical Details
The remaining 5% of unreplenished tokens are described as lower-liquidity assets, which Binance is working to recover through over-the-counter trading providers. According to Elliptic, North Korea stole $7.6 billion in cryptocurrency in 2026, its highest annual total, while Chainalysis data shows 89% of 2026 crypto-service theft losses were linked to North Korea (up from 15% in 2021), with average loss per attack rising from $50.65 million in 2021 to $185.65 million in 2026.
Remediation
Binance resumed withdrawals for some assets on Sunday, with further options restored Tuesday, and reported hourly deposits exceeding withdrawals following resumption of operations.