North Korea linked to $6.3B Binance hack
Summary
TRM Labs and Chainalysis say a North Korean cybercrime group appears to have carried out a $6.3 billion hack of cryptocurrency exchange Binance. The firms linked the attack to TraderTraitor, a North Korean hacking unit that has previously targeted the digital asset industry.Key Facts
- The reported hack targeted cryptocurrency exchange Binance.
- The reported value of the hack is $6.3 billion.
- TRM Labs linked the hack to TraderTraitor.
- Chainalysis also linked the hack to TraderTraitor.
- TraderTraitor is described as a North Korean hacking unit.
- The unit has previously targeted the digital asset industry.
- The article describes the incident as the largest crypto hack on record.
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