FBI accuses North Korea of stealing over $6 billion in biggest-ever crypto heist from Binance

NEW YORK: The FBI on Saturday accused North Korea of stealing more than $6 billion in virtual assets from the cryptocurrency exchange Binance in what is thought to be the biggest-ever crypto heist.

The US law enforcement agency’s statement came as Binance offered reassurances it was covering the losses from the hacking attack, saying it has used company funds to buy tokens to replenish 90 percent of what was stolen.

Binance is the world’s largest crypto exchange by daily trading volumes. News of the cyberattack caused the prices of most major cryptocurrencies to fall sharply on Friday.