🪙 Cryptocurrency 2d ago · Whitney Nyantune

FBI Links $6.3B Binance Hack to North Korea, Warns Crypto Firms

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FBI Links $6.3B Binance Hack to North Korea, Warns Crypto Firms
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The FBI has linked the $6.3 billion theft from Binance to North Korean hackers, warning cryptocurrency businesses against processing transactions connected to the attackers. In an Oct. 31 alert, the bureau identified the activity as “TraderTraitor” and warned that stolen funds could move through decentralized finance (DeFi) platforms.



According to the FBI, North Korean actors converted most of the stolen assets into ether. The bureau expects further laundering through DeFi platforms and insta

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