Login to use our FREE Technical Analysis Software!Login »
FBI and US Secret Service join the Binance hack investigation

FBI and US Secret Service Join the Hunt for the Binance Hackers, but North Korea Is Not Yet Officially Blamed

The FBI says it is working on the response to the $6.3 billion Binance hack. It told Nextgov it is aware of the incident and engaged with relevant public and private partners to understand the scope, evaluate the impact and coordinate investigative steps. Reuters, citing a source, reports that the US Secret Service is also working with Binance.

Federal involvement matters for the chase. Stolen crypto can be split across thousands of wallets and several blockchains within hours, and agencies can combine information from multiple countries and warn crypto firms which addresses to block. That makes it harder to move the funds on, but it does not guarantee that Binance gets anything back.

Attribution remains open. Blockchain analytics firm TRM Labs linked the attack with high confidence to TraderTraitor, a group associated with North Korea. That is a forensic assessment, and the FBI has not attributed the Binance hack to North Korea. After the $1.5 billion Bybit theft in February 2025, the FBI did name North Korea, but only later.

TRM estimated that $6.36 billion left Binance wallets, most of it within about 20 minutes. Binance says a preliminary investigation points to a compromised laptop of an engineer, and it has pledged to cover all losses. A final technical report is still missing.

Track the market yourself with AiTraderView’s FREE tools: Crypto Cockpit for charts and 75+ indicators, Crypto Screener to find setups, and Crypto Portfolio to follow your holdings. Just create a FREE account and try them yourself!

Sources:

⚠️ RISK WARNING & AI DISCLOSURE

  • This information is generated by Artificial Intelligence (AI) and complex algorithms. While advanced, these systems can contain errors or inaccuracies and are for educational purposes only.
  • Technical analysis provides no guarantees; this information is purely informative.
  • All discussed scenarios are hypothetical and do not constitute predictions or expectations.
  • Past performance is not an indicator of future results.
  • This is not financial advice and is not intended as a call-to-action for the reader.
  • No implicit direction is claimed, and no specific behavior of market participants is suggested.
Login to use our FREE Technical Analysis Software!Login »