Binance robbed of $6.3 billion; FBI points to North Korea’s TraderTraitor—BTC should get out first
Today, the FBI directly named North Korea. More than $6.3 billion was stolen from Binance this time, with suspicion pointing to the North Korean hacking group TraderTraitor. This wasn’t an ordinary cyberattack—it was a state-level operation. The risks to BTC and exchanges need to be reassessed.
I don’t think this will blow over anytime soon. Once the U.S. officially classifies the incident, regulatory pressure will spread across the entire market. Investors won’t just sit around waiting—they’ll get out first. When an exchange gets hacked, the market reacts first and digests the news later.
Looking at the market, TRX is at $0.32 and TON at $1.60. Neither coin was named in this news, but both are quietly making way. Funds are shifting out of high-risk situations and into relatively cleaner assets. Sectors are rotating—that’s portfolio rebalancing. Neither TRX nor TON plunged alongside the coins directly affected by the incident today.
Old Ma has nothing to do with this one. The Binance hack is unrelated to him, so don’t lump the two things together. Old Ma’s Little Dog has its own rhythm; this incident has nothing to do with it.
Keep an eye on it tonight and see how the market prices in this $6.3 billion loss.
🐶 Let’s check out Old Ma’s Little Dog together ✨🚀
Today, the FBI directly named North Korea. More than $6.3 billion was stolen from Binance this time, with suspicion pointing to the North Korean hacking group TraderTraitor. This wasn’t an ordinary cyberattack—it was a state-level operation. The risks to BTC and exchanges need to be reassessed.
I don’t think this will blow over anytime soon. Once the U.S. officially classifies the incident, regulatory pressure will spread across the entire market. Investors won’t just sit around waiting—they’ll get out first. When an exchange gets hacked, the market reacts first and digests the news later.
Looking at the market, TRX is at $0.32 and TON at $1.60. Neither coin was named in this news, but both are quietly making way. Funds are shifting out of high-risk situations and into relatively cleaner assets. Sectors are rotating—that’s portfolio rebalancing. Neither TRX nor TON plunged alongside the coins directly affected by the incident today.
Old Ma has nothing to do with this one. The Binance hack is unrelated to him, so don’t lump the two things together. Old Ma’s Little Dog has its own rhythm; this incident has nothing to do with it.
Keep an eye on it tonight and see how the market prices in this $6.3 billion loss.
🐶 Let’s check out Old Ma’s Little Dog together ✨🚀