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Statements

Each statement is one attributed line with a verbatim quote from a stored copy of the source. Only approved statements are shown.

Official means the party said it, not that it is true.

443 statements.

Reportedroot causeStatement 44

Binance stated that an initial investigation suggested the incident may have involved a compromised laptop, but a subsequent investigation uncovered additional points of breach.

The company said on X that an initial investigation suggested the incident may have involved a compromised laptop, but that a subsequent investigation uncovered additional "points of breach."

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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sha256 edffa6139d56
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ReportedresponseStatement 43

Binance stated that it will cover all losses.

It said it will cover all losses.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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sha256 edffa6139d56
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ReportedwithdrawalsStatement 42

Binance stated that withdrawals have been suspended and are expected to resume in the next day or two.

The cryptocurrency exchange said deposits were unaffected, while withdrawals have been suspended and are expected to resume in the next day or two.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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sha256 edffa6139d56
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ReportedfreezeStatement 40

Binance stated that it worked with blockchain partners to freeze roughly $3 billion in affected assets.

Binance said it worked with blockchain partners to freeze roughly $3 billion in affected assets.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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sha256 edffa6139d56
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ReportedotherStatement 831

The Guardian quoted Phil Larratt, described as a senior director at the consultancy, as saying the thieves will try to convert the crypto into fiat money in a process that "takes weeks and months, if not years".

Phil Larratt, a senior director at the consultancy, says the thieves will now try to convert the crypto into fiat money in a process that “takes weeks and months, if not years”.

Speaker
Phil Larratt
Publisher
The Guardian (News media)
Original
How big a deal is the $6.3bn Binance crypto heist, who did it, and are investments safe?
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sha256 7180f6d17fbe
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ReportedamountStatement 825

Elliptic chief scientist Tom Robinson said the Binance theft is 'almost certainly the single largest known theft of any kind', that before Bybit the record was held by Saddam Hussein, who took $1bn from the central bank of Iraq in Baghdad on the eve of the 2003 Iraq war, and that the Binance theft is more than six times larger.

“This incident is almost certainly the single largest known theft of any kind,” says Tom Robinson, the consultancy’s chief scientist. “Before Bybit, that record was held by Saddam Hussein, who took $1bn from the central bank of Iraq in Baghdad on the eve of the 2003 Iraq war. The Binance theft is more than six times larger.”

Speaker
Tom Robinson
Publisher
The Guardian (News media)
Original
How big a deal is the $6.3bn Binance crypto heist, who did it, and are investments safe?
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sha256 7180f6d17fbe
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Theoryroot causeStatement 426

A Hacker News commenter replied that the actors behind that supply chain attack did not seem to have the skills to reach a full Binance compromise within hours.

I don't think those people have the skills needed to elevate their initial access to a full binance compromise within a few hours.

Speaker
Not recorded
Publisher
Hacker News (Social media)
Original
Hacker News comment
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Stored copy
sha256 c92475d800ce
Event time
ReportedattributionStatement 787

Elliptic said the FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.

The FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedattributionStatement 786

Elliptic said the long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.

The long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedattributionStatement 785

Elliptic said it identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.

Elliptic has identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedamountStatement 312

Elliptic said $6.43 billion in cryptoassets was stolen from Binance on 29 October 2026.

On October 29, 2026, $6.43 billion in cryptoassets were stolen from Binance, the world's largest cryptoasset exchange, according to Elliptic's analysis.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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ReportedamountStatement 311

Elliptic said its total excludes a further $169 million that left Binance after withdrawals were suspended, which it described as appearing to be Binance moving its own funds.

Elliptic's total excludes a further $169 million that left Binance after withdrawals were suspended.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedattributionStatement 310

Elliptic said funds stolen from Binance and from the Bitget exploit have been combined in several wallets, and that the link was first reported by ZachXBT.

The two sets of funds have now been combined in several wallets, and the amount has grown overnight. The link was first reported by ZachXBT.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedamountStatement 309

Elliptic said the attacker drained Binance hot wallets across 11 blockchains over a few hours.

Over the course of a few hours, the attacker drained Binance hot wallets across 11 blockchains.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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Reportedroot causeStatement 308

Elliptic reported that Richard Teng said in a video update that the attack was not carried out by one person.

Teng added that the attack "was not carried out by one person"

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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Reportedroot causeStatement 307

Elliptic said the Binance theft closely resembles the Bybit theft, in which a developer's machine at the wallet provider Safe{Wallet} was compromised.

This closely resembles the Bybit theft, in which North Korean hackers compromised a developer's machine at the wallet provider Safe{Wallet} and manipulated the transaction that Bybit's signers approved.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedattributionStatement 306

Elliptic said very few actors could coordinate an attack across 11 blockchains in around three hours.

Very few actors could coordinate an attack across 11 blockchains in around three hours.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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ReportedotherStatement 305

Elliptic said the pattern of transactions suggests much of the laundering was carried out by software rather than by hand.

The pattern of transactions suggests that much of the laundering was carried out by software rather than by hand.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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ReportedotherStatement 304

Elliptic said whether the laundering automation involves AI agents rather than conventional scripts cannot be determined from the on-chain data.

Whether the automation involves AI agents, rather than conventional scripts, cannot be determined from the on-chain data.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedotherStatement 101

Elliptic said the attacker controls around $3.25 billion of assets that an issuer cannot freeze, spread across more than 800 addresses, including around 584,000 ETH, 18,327 BTC and 233 million XRP.

At current prices, the attacker now controls around $3.25 billion of assets that cannot be frozen by an issuer, spread across more than 800 addresses. This includes around 584,000 ETH ($1.32 billion), 18,327 BTC ($1.42 billion) and 233 million XRP.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedotherStatement 99

Elliptic said the 18,270 BTC was split through a peel chain into 19 addresses, most holding 1,000 BTC each, and that none of it had yet been sent to a service.

The 18,270 BTC has been split through a short peel chain into 19 addresses, most holding 1,000 BTC each. None of it has yet been sent to a service.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedotherStatement 98

Elliptic said 234 million USDT was swapped for 638 million TRX on SunSwap on Tron, and 48 million RLUSD was sold on Ethereum before Ripple froze the remainder.

On Tron, 234 million USDT was swapped for 638 million TRX on SunSwap. On Ethereum, 48 million RLUSD was sold before Ripple froze the remainder, and around 150 other tokens were dumped for ETH on decentralized exchanges.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedotherStatement 97

Elliptic said a second attacker wallet deposited 59.9 million USDT into Aave as collateral and borrowed 19,762 ETH before Aave froze the affected markets.

A second attacker wallet deposited 59.9 million USDT into Aave as collateral and borrowed 19,762 ETH, before Aave froze the affected markets. The loan is still open and close to the point of liquidation.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedotherStatement 96

Elliptic said 434 million USDT was swapped for 160,451 ETH on Ethereum at a loss of 12% to 26% against the market price, which it read as the attacker prioritising speed over value.

On Ethereum, 434 million USDT was swapped for 160,451 ETH through Uniswap, 1inch and market makers' request-for-quote systems. The swaps implied a loss of 12% to 26% against the market price, suggesting the attacker was prioritizing speed over value.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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sha256 0b00778cbe0c
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ReportedotherStatement 95

Elliptic said the attacker converted around $786 million of stablecoins into ETH and TRX before the freezes landed.

Before the freezes landed, the attacker converted around $786 million of stablecoins into ETH and TRX.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
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Stored copy
sha256 0b00778cbe0c
Published