FBI blames North Korea for $6.3 billion Binance theft
The FBI said North Korea was responsible for the theft of more than $6 billion in cryptocurrency from Binance, identifying the operation as TraderTraitor, a group previously linked to crypto attacks. Blockchain intelligence firms TRM Labs and Chainalysis had also attributed the estimated $6.3 billion theft to the North Korean state-backed group.
Hackers moved assets from Binance-controlled internet-connected “hot” wallets after compromising transaction approval systems, according to the exchange. Binance said the attack involved a compromised laptop and malicious software designed to erase evidence. The company suspended deposits and withdrawals while investigating and tracing the assets with law enforcement, token issuers and blockchain analytics firms.
About $3 billion in affected assets have been frozen, Binance said. Stablecoin issuers including Circle and Tether were among the firms …