# South Korea urges tighter crypto security after $6.3 billion Binance heist

https://mins.news/en/video/125494

- CNA, 2026-11-02 12:58 UTC
- Economy
- Original: https://www.youtube.com/watch?v=66zsBmKBytw

> South Korea is urging local cryptocurrency exchanges to strengthen security after a $6.3 billion theft at Binance. The country ranked second worldwide in retail trading volume in the first quarter, highlighting its substantial exposure to crypto trading. The FBI blamed the theft on TraderTraitor, a North Korean state-sponsored unit.

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