Blockchain analysis firm TRM says North Korea behind Binance crypto theft

Blockchain analysis firm TRM says North Korea behind Binance crypto theft

​North ​Korean hackers ‌were behind a $6.3 ​billion raid on ‌cryptocurrency exchange Binance, according to US blockchain analysis firm TRM ‌Labs. "An attacker moved approximately $6.36 ‌billion out of Binance wallets on ten blockchains, most ⁠of ​it ⁠in about 20 minutes," TRM Labs ⁠said in a blog ​post on its website.

"TRM ⁠attributes the attack to ⁠TraderTraitor, ​North Korea's elite hacking unit, based on robust ⁠on and off-chain intelligence. We ⁠make ⁠this judgment with high confidence."

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.