FBI confirms it thinks North Korean hackers hit Binance in record cryptocurrency heist

https://cdn.mos.cms.futurecdn.net/kDLU9By5uaPPbwrbfEaZFJ-2560-80.jpg
  • The FBI formally attributes $6.7 billion Binance cryptocurrency theft to North Korea’s TraderTraitor group
  • Investigators say the attackers are laundering stolen assets across multiple blockchains and DeFi services
  • The breach highlights ongoing threats from Lazarus-linked campaigns targeting crypto, DevOps, and software professionals

The FBI has publicly accused a North Korean state-sponsored threat actor of being behind the recent attack on cryptocurrency exchange Binance.

One of the largest cryptocurrency exchange platforms on the planet was forced to freeze deposits and withdrawals, before confirming a threat actor stole around $6.7 billion worth of different cryptocurrencies.

Analysts were quick to investigate, with some claiming a known North Korean state-sponsored group called TraderTraitor was behind the heist. TraderTraitor is apparently part of Lazarus Group - a huge cybercriminal operation on North Korea’s payroll, allegedly tasked with stealing money to fund the country’s state apparatus and weapons program.

TraderTraitor

Now, the FBI has issued...

Copyright of this story solely belongs to www.techradar.com. To see the full text click HERE

Read more