Binance co-CEO Teng says $6.3 billion hack was not a one-click attack
Briefing by News4U · First published
Today Binance co-CEO Richard Teng said on X that the attacker behind Binance's $6.3 billion hack did not simply use a single engineer's permissions and that it was not a single "one-click" action, but a more complex attack process. Cointelegraph reported he wrote that the investigation has not attributed responsibility to any individual, and that Binance would cover all losses using its SAFU fund and company funds. [1]
Sources
- Live updates: Binance $6.3B hack linked to North Korea’s TraderTraitor
Cointelegraph · · Full text