Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds

The world’s biggest cryptocurrency exchange, Binance, said it would restart withdrawals in phases, after it recovered 95% of the $6.3 billion in tokens taken from the site in the world’s greatest digital crime, which the FBI has linked to North Korea.

Binance said the phase will begin between 0600 and 0900 GMT on Sunday and will include bitcoin, ether, BNB, ⁠Solana, XRP, dogecoin and other tokens.

Binance tweeted on X late on Saturday that the other 5% of the stolen tokens are less liquid and may take longer to source in the proportions needed.

On Saturday, the FBI blamed the attack on a North Korea state-sponsored squad known as TraderTraitor.

Pyongyang has always denied deploying state-linked cyber teams for espionage, financial theft and profiteering. It did not respond to demands for comment from its Geneva mission and its embassy in China.

Law enforcement saw members of the unit turning stolen assets into the cryptocurrency ethereum, the FBI said in a statement, adding it anticipated “further laundering” of the assets using related technology.