Trump responds to the Binance hack

President Donald Trump said the United States was looking into the Binance hack during remarks at the White House on October 30, while declining to confirm whether North Korea was responsible.

In the official White House recording, a reporter raises the incident and a suggested North Korean connection. Trump answers: “We don’t know. We’re looking at that.” The exchange begins around 7 minutes 46 seconds into the official upload.

Associated Press reporting also describes US officials investigating the hack. Anadolu’s October 30 report records the same uncertainty over who was behind it.

Watch the official White House video

Watch Trump’s Binance response from 7:46 in the full official recording. Source: The White House, October 30, 2026. The link opens the original video with the surrounding exchange available.

No confirmed attribution or repayment guarantee

The answer establishes presidential acknowledgment of the incident, rather than a completed finding about its perpetrators. A claim embedded in a reporter’s question is not itself evidence that an investigation has confirmed that claim.

Asked about recovering the money, Trump refers to assurances from others that it would be recovered and the situation was under control. He does not announce a US reimbursement program, identify a completed transfer back to customers or personally guarantee the outcome.

Those distinctions matter for readers following the response: identifying an attacker, blocking access to assets and returning funds are separate steps. A public assurance cannot establish that all three have occurred.

Where to follow the operational response

The exchange’s own service and disclosure plans are tracked separately in our Binance withdrawal and reserve-report update. This White House exchange does not announce that withdrawals have reopened.

For practical background, see our guides to wallet custody and recovery checks and fake support and recovery scams.

Source check: October 31, 2026, 09:55 UTC. The October 30 remarks were checked against the transcript displayed on the official White House video upload and contemporaneous reporting.