Binance, the world’s biggest cryptocurrency exchange, said it will resume withdrawals in phases after recovering 95% of the $6.3 billion in tokens stolen from its platform. The FBI has tied the theft to North Korea.
The first phase is due to start between 0600 and 0900 GMT on Sunday. It will include bitcoin, ether, BNB, Solana, XRP, dogecoin and other tokens. Binance said in a post on X late on Saturday that the remaining 5% consists of less liquid assets that may take longer to source in the required amounts.
FBI links attack to North Korean hacking unit
The FBI said on Saturday that TraderTraitor, a North Korean state-sponsored unit, was responsible for the attack. Law enforcement observed members of the unit converting stolen assets into ether, the agency said in a statement. It added that it expects further laundering of the assets using related technology.
Pyongyang denies state-linked cyber theft
Pyongyang has for years denied using state-linked cyber units for espionage, financial theft and revenue. Its mission in Geneva and its embassy in China did not respond to requests for comment.
