Crypto security

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FBI Confirms North Korean Hackers Responsible for $6 Billion+ Binance Attack

FBI blames North Korea for record $6.3B Binance hack

FBI and TRM link North Korea's TraderTraitor group to billion-dollar Binance crypto theft

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.

Binance hit by record $6.3 billion crypto hack, scrambles to freeze funds

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FBI links North Korea to $6.3 billion Binance crypto heist

The FBI attributes the $6.3 billion theft from Binance on October 29th to North Korean actors, which it tracks as TraderTraitor. Agency-linked actors were observed converting the stolen tokens to Ethereum and preparing further laundering, but the FBI has offered few other details or evidence.

FBI Links 628 Crypto Wallet Addresses to North Korea’s Binance Hack