FBI Blames North Korea for $6.3 Billion Binance Hack

The announcement confirms earlier reports by private analysis companies that said North Korean state actors were responsible.

FBI Blames North Korea for $6.3 Billion Binance Hack

TL;DR

  • The FBI blames the North Korean regime for a $6.3 billion cryptocurrency hack of Binance.
  • A North Korean actor identified as "TraderTraitor" was observed converting stolen assets.
  • Most of the converted assets were moved into ethereum.
  • The FBI anticipates further laundering of the stolen assets using related technology.
  • Virtual asset service providers are urged to block transactions linked to known "TraderTraitor" actors.