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Blockchain intelligence firms link North Korea to $6.3B hack on Binance

Blockchain intelligence firms link North Korea to $6.3B hack on Binance
Source: ngaio.school.nz

FILE - The Binance logo is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. Matt Slocum/AP hide caption Matt Slocum/AP A U.S.-based blockchain intelligence firm says a North Korean unit was...

Summary

  • TRM, in a post on its website Thursday, attributed the attack to TraderTraitor, which it described as North Korea
  • An attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes,
  • Several features of this attack match earlier North Korea-linked heists, including the Bybit hack,
  • working closely with our law enforcement partners to confirm the identity of the criminals and bring them to justice.
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