North Korea-linked hackers suspected in record $6.3bn Binance theft

Briefing by News4U · First published

Blockchain analytics firms TRM Labs and Chainalysis identified North Korea's Lazarus Group with high confidence as the perpetrators of the $6.3bn Binance hack, the largest cryptocurrency theft on record. The attack exceeded the previous $1.5bn Bybit theft attributed to the same group last year. Binance co-CEO Richard Teng said the breach was wider than initially thought, with 80% of stolen assets recovered. The FBI has previously accused North Korea of systematic cybercrime to finance the regime. [1] [2]

Sources

  1. Why North Korea's 'elite' hackers are the prime suspect in major Binance hack

    BBC World · · Full text

  2. Binance hit by 6.3 billion dollar crypto theft

    France 24 English · · Excerpt

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