Binance, North Korea and the Crypto Heist Boom

Hackers the FBI has linked to North Korea stole $6.3 billion from Binance, pulling off the biggest crypto heist of all time. On today’s Big Take podcast, host Sarah Holder speaks with Bloomberg crypto editor Ryan Weeks and Bloomberg Economics’ Adam Farrar about how the attack unfolded and how stolen crypto is increasingly funding Pyongyang’s nuclear ambitions.  Read more:  North Korean Hackers Behind Binance Crypto Heist Are Weaponizing AI Kim Jong Un Flouted Sanctions to Amass $22 Billion Windfall Further listening: The Unexpected Rise of North Korea’s Economy We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.See omnystudio.com/listener for privacy information.

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