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How big a deal is the $6.3bn Binance crypto heist, who did it, and are investments safe?

Trade Hub UK regulation desk (2026-10-30): The incident at Binance could be the biggest theft of any kind in history. We answer some key questionsNorth Korean group blamed for $6.3bn crypto heistTell… Primary source: original at Guardian Banking (theguardian.com).

The incident at Binance could be the biggest theft of any kind in history. We answer some key questions

The world’s largest cryptocurrency exchange has been hit by a $6.3bn heist that, according to experts, is likely to be the work of North Korea.

This is not the first time a crypto market has been targeted by hackers, and the rogue state has a track record of this type of theft. Here we answer some key questions about what’s happened:

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