On October 29, 2026, around $6.43 billion in cryptoassets was stolen from Binance, the largest theft of cryptoassets on record. Elliptic attributed the hack to the North Korean group TraderTraitor within hours, and the FBI has since confirmed North Korea's responsibility. The stolen funds are moving fast and compliance teams have a direct role in stopping North Korea from profiting from them.
Join Elliptic's investigators and experts for a briefing on how the attack unfolded, how the funds are being laundered and the practical steps compliance teams can take now to identify exposure, protect their business and give law enforcement what it needs to freeze funds.
The session will cover:
How the attack unfolded, and how Elliptic attributed it to the North Korean group TraderTraitor within hours
How the funds are being laundered across 11 blockchains through thousands of new wallets, bridges, decentralized exchanges, lending vaults and mixers, and the red flags our investigators used to identify it
How to screen for exposure now, using Elliptic's free public blocklist, indirect-exposure thresholds and Continuous Monitoring that re-scores wallets you have already cleared
What to do to reassess your controls and respond proactively, supporting law enforcement and denying North Korea financial resources
Choose the session that suits your time zone when you register.
Director of Policy and Regulatory Affairs
Senior Cryptocurrency Investigator
Senior Product Manager
The full story
This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.
