Binance Hack Pinned on North Korea’s Lazarus Group by TRM Labs and ZachXBT
Several blockchain investigators say North Korea’s Tradertraitor (a sub-unit of the larger Lazarus/DPRK ecosystem) likely carried out the roughly $6.3 billion Binance hack, the largest crypto theft on record to date. Investigators Point to Pyongyang The hunt for the Binance attacker has a prime suspect now, with blockchain analytics firm TRM Labs attributing the attack […]
Key Takeaways
- Several blockchain investigators say North Korea’s Tradertraitor (a sub-unit of the larger Lazarus/DPRK ecosystem) likely carried out the roughly $6.3 billion Binance hack, the largest crypto theft on record to date.
- Investigators Point to Pyongyang The hunt for the Binance attacker has a prime suspect now, with blockchain analytics firm TRM Labs attributing the attack […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security
Binance Hack Sparks $1.5B Liquidation Bloodbath Across Crypto
Cryptocurrency liquidations exceeded $1.54 billion following a Binance hack-related marketwide sell-off that disproportionately affected leveraged long positions. Market Crash Triggers $1.5B in Liquidations Cryptocurrency market liquidations surpassed $1.54…
Live updates: Binance $6.3B hack linked to North Korea’s TraderTraitor
Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.
North Korea’s TraderTraitor linked to $6.3B Binance hack
TRM Labs says it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same address.