FBI Links $6B-Plus Binance Hack to North Korean Group
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The FBI attributed the Binance breach to TraderTraitor and moved to disrupt laundering of the stolen assets.
The FBI has linked a hack involving more than $6 billion from Binance to TraderTraitor, a North Korean state-backed hacking group, according to The Defiant.
U.S. authorities are seeking to block parts of the laundering trail as investigators track the movement of assets connected to the breach.
Meanwhile, Binance is maintaining Nov. 1 as its target date for restarting withdrawals, as the exchange works through the aftermath of the incident.
Source: The Defiant
