Hacking News
North Korea Laundering Binance Hack Loot
North Korea is rapidly moving $6.43 billion stolen from Binance, creating one new crypto wallet every 25 seconds. About $2.85 billion, or 44% of the stolen funds, has been frozen or seized. The hacker used stablecoins, such as USDT and USDC, to move the funds quickly across 11 blockchains in over 40,000 transactions. The FBI has attributed the theft to the North Korean state-linked hacking group TraderTraitor.