Threat watch / Threat actors

TraderTraitor

State-linked updated 12 Nov 2026

A North Korean hacking group that targets cryptocurrency companies, according to TRM Labs. It is believed to be part of the Lazarus Group.

Attribution

TRM Labs says it has "high confidence" that TraderTraitor, "a North Korean hacking group", carried out the October 2026 Binance heist, based on on-chain and off-chain intelligence. [1]

SecurityWeek reports that the FBI blamed the Binance theft on TraderTraitor, which it calls a North Korean state-sponsored group. North Korea called the attribution "a grave political provocation". [2]

Euronews notes that the FBI named the same group for the $1.5 billion Bybit hack of February 2025. [1]

On November 12, 2026, the US Justice Department said "members of the North Korean military, referred to by the FBI as 'TraderTraitor'" stole more than $6 billion from Binance. [3]

Incidents in the watch

  1. Binance: about $6.3 billion taken from hot wallets Critical

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