Trump questions North Korea link in $6.3 billion Binance hack
Donald Trump told reporters he is not concerned about the $6.3 billion Binance theft and questioned North Korea's involvement, even after the FBI attributed the attack to a Pyongyang-linked cyber group.
Speaking to reporters at Mar-a-Lago, Donald Trump said he is "not concerned" about the $6.3 billion exploit targeting crypto exchange Binance. Trump questioned whether North Korea carried out the theft, commenting that officials are still assessing the situation. "We don't know if it's North Korea, but if it is, we'll talk to North Korea about it," he said.[1][2][3][4][5]
Trump's hesitation to assign blame came hours after the FBI formally linked the breach to TraderTraitor, a hacking syndicate tied to North Korea's Lazarus network, according to a report citing the Daily Mail. The $6.3 billion breach, cited as the largest crypto theft in history, involved sophisticated techniques designed to conceal tracks and complicate fund tracing. Cybercrime has long served as a major financial pipeline for Pyongyang, with a United Nations investigation concluding that hacking activities generate roughly half of the country's foreign currency earnings.[1][3]
Recovery efforts remain underway, with more than $2.4 billion in stolen assets reportedly frozen. Binance stated that it has already replenished 90% of the affected funds and pledged to cover affected users. The incident unfolds as diplomatic efforts between Trump and Kim Jong Un remain stalled, with North Korea expanding its nuclear capabilities and strengthening ties with China and Russia.[1][3]
Key facts
- Donald Trump stated he is "not concerned" about the $6.3 billion Binance breach and said the U.S. will talk to North Korea if it was responsible.
- The FBI attributed the hack to TraderTraitor, a North Korean cybercriminal group affiliated with the Lazarus network.
- More than $2.4 billion in funds tied to the breach has reportedly been frozen.
- Binance reported replenishing 90% of affected assets and pledged to make affected users whole.
- A United Nations investigation found that cybercrime operations account for approximately half of North Korea's foreign currency income.
Sources · 5 sources
- MN
Mario Nawfal@MarioNawfalPost on X ·
🇺🇸🇰🇵 Trump has questioned whether North Korea was responsible for the $6.3 billion Binance crypto hack, just hours after the FBI identified a North Korean hacking group as the culprit. The FBI announced yesterday that its investigation had traced the attack to TraderTraitor, a cybercriminal group linked to North Korea's notorious Lazarus network. However, speaking to reporters at Mar-a-Lago, Trump appeared unwilling to accept the agency's conclusion. “We don't know if it's North Korea, but if it is, we'll talk to North Korea about it.” The breach, which is the largest cryptocurrency hack in history, reportedly involved sophisticated techniques designed to destroy evidence and complicate efforts to trace the stolen assets. North Korea has long been accused of using cybercrime to generate foreign currency, with a UN investigation finding that hacking operations accounted for roughly half the country's foreign currency income. The disagreement comes as Trump's efforts to revive direct diplomacy with Kim Jong Un have made little progress. Pyongyang has strengthened its relationships with China and Russia, while expanding its nuclear arsenal and maintaining its distance from Washington. Source: Daily Mail / Writer: Mhedi
Open source - WG
Watcher.Guru@WatcherGuruPost on X ·
JUST IN: 🇺🇸🇰🇵 President Trump says he is "not concerned" about the $6.3 billion Binance hack. "We'll talk to North Korea about it." https://t.co/c6i322VQ1P
Open source - CP
Crypto Patel@CryptoPatelPost on X ·
BREAKING: TRUMP SAYS HE'S "NOT CONCERNED" ABOUT THE Binance HACK "We don't know if it's North Korea, but if it is, we'll talk to North Korea about it." Meanwhile, the FBI has officially attributed the $6.3B+ crypto theft to North Korea's TraderTraitor hacking group. ▪️ $2.4B+ in funds reportedly frozen. ▪️ Binance says it has replenished 90% of affected assets. ▪️ Binance promises to cover affected users.
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
BREAKING: TRUMP SAYS HE'S "NOT CONCERNED" ABOUT THE @binance HACK "WE DON'T KNOW IF IT'S NORTH KOREA, BUT IF IT IS, WE'LL TALK TO NORTH KOREA ABOUT IT" https://t.co/6f7QkrHqh4
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨TRUMP ON BINANCE HACK: “IF IT IS NORTH KOREA, WE’LL TALK TO THEM”! @POTUS on the $6B+ @binance hack: “We’re learning about it. We don’t know if it’s North Korea, but if it is, we’ll talk to North Korea about it.”
Open source