FBI and TRM link North Korea's TraderTraitor group to billion-dollar Binance crypto theft
CRYPTOBinanceredteam/daily · 1 source
- Severity
- High
- Sources
- 1
What happened
The FBI and TRM attribute the 29 October attack on Binance to North Korea's TraderTraitor group, with TRM reporting high confidence based on on-chain and off-chain intelligence. TRM says the attacker prepared for about 36 hours, testing code on wallets before installing it on a Binance hot wallet, and that funds moved to addresses controlled by a single attacker across many blockchains. Binance says it will cover losses but has not yet released further details.
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Who reported · 1 outlet
The Register (all)
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