BlockBeats news, November 1 — U.S. President Trump has recently stated publicly on multiple occasions that he gets along well with North Korean Supreme Leader Kim Jong Un, emphasizing that maintaining good relations with nuclear-armed countries is a wise move. This style is consistent with his first-term summit diplomacy toward North Korea and aligns with his current second-term preference for keeping communication channels open with "leaders of nuclear-armed states."
Responding today to the Binance theft incident, Trump said it is not yet certain whether the attack on Binance was carried out by North Korea. If it is ultimately confirmed to be linked to North Korea, the United States will communicate with the North Korean side. The FBI had previously issued a notice formally attributing responsibility to North Korea for the Binance security incident that occurred on October 29, 2026, involving virtual assets worth more than $6 billion. The FBI designated this North Korean malicious cyber activity as "TraderTraitor."
If the U.S. side pushes for negotiations, this could include demanding the freezing/return of assets through third parties, intelligence channels, or public pressure. Trump's past approach toward North Korea has leaned toward "direct communication + personal relationships," and whether this continues this time remains to be seen. Binance's connections to businesses related to the Trump family (such as stablecoins) may also make the White House pay closer attention to this case.
Meanwhile, the prospects for a formal U.S.-North Korea summit remain uncertain: Trump has previously expressed a willingness to meet within the year, but this has recently cooled, and North Korea has not actively responded; if the FBI attribution is confirmed and the stolen funds are used for nuclear weapons/missile programs (the United States has long accused North Korean hackers of using proceeds to support weapons programs), this could become a new issue or point of friction in communications with North Korea.
