Trump says he will review record $6.3 billion Binance hack

The president is weighing in after North Korea-linked hackers allegedly drained Binance hot wallets in about 20 minutes President Donald Trump says he will review the Binance hack. That puts the White House directly into what is being described as the largest crypto theft on record. An estimated $6.3 billion in digital assets was taken from Binance hot wallets on October 29, 2026. When the president starts paying attention to your security incident, it is no longer just a bad day at the office. Twenty minutes, $6.3 billion The breach unfolded fast. It started around 20:05 UTC and ran for roughly 20 minutes, hitting Binance hot wallets across multiple blockchains. The attack has been attributed to TraderTraitor, a North Korean hacking group. TraderTraitor is known to be linked with the Lazarus Group, the outfit behind some of the most notorious heists in crypto history. The investigation suggested that a compromised laptop belonging to a DevOps engineer enabled unauthorized access to company assets. For scale, the previous record belonged to the Bybit hack in 2025, which involved $1.5 billion in losses. The Binance figure is more than four times that. How Binance is responding Binan...