The FBI has linked North Korea to the theft of approximately $6.3 billion in virtual assets from cryptocurrency exchange Binance, describing the incident as a record-breaking crypto heist.

In a statement on Saturday, the US agency said North Korean cyber actors had been laundering the stolen assets, primarily by converting them into Ethereum. It identified the group behind the operation as TraderTraitor, which has also been blamed for a $1.5 billion theft from cryptocurrency platform Bybit in February 2025, Al Jazeera reported.

The FBI warned that the stolen assets were expected to undergo further laundering in stages and urged virtual asset service providers to block transactions…