Hacking News
FBI Confirms North Korea Behind $6B Binance Hack
The FBI has confirmed that North Korea was behind the $6 billion theft from Binance, the world's largest cryptocurrency exchange. Binance reported $3.64 billion in net outflows in the first nine and a half hours after resuming withdrawals. The Secret Service and IRS Criminal Investigation have identified the hackers as 'TraderTraitor' and are working to freeze a significant portion of the stolen crypto. Blockchain analytics firms TRM Labs and Chainalysis confirmed the attribution, and the Secret Service is collaborating with industry partners to block transactions involving hundreds of Ethereum addresses and one Solana address.