The U.S. Federal Bureau of Investigation (FBI) has officially attributed the theft of at least $6 billion in cryptocurrency from Binance to North Korea identifying the state-linked TraderTraitor hacking group...
Summary
- MILESTONE | Binance Gets Hacked in the Largest Crypto Exploit in History #Binance, the world’s largest cryptocurrency exchange, is investigating a security breach after on-chain data showed billions of dollars in digital assets moving from wallets linked to the platform to newly created external addresses.
- Reports put the figure at over $6 billion making it the largest ever crypto attack in history.
- The bureau said it had detected signs that TraderTraitor was converting stolen assets primarily into ether with laundering expected to continue through decentralized finance protocols and instant-exchange services.
- The attribution formalizes suspicions raised shortly after the attack by blockchain analytics firms, TRM Labs and Chainalysis, which also linked the exploit to TraderTraitor.
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