North Korea-linked group reportedly behind $6.3 billion Binance hack

The TraderTraitor hacking unit from the Democratic People’s Republic of Korea (DPRK) – also known as North Korea – is behind the $6.3 billion attack on the cryptocurrency exchange Binance , per the report published by the blockchain intelligence and AI investigation company TRM on October 29. According to the announcement, the hack began approximately 36 hours earlier when the attacker’s operator wallet received three small withdrawals from the digital assets mixer Tornado Cash. The group also rehearsed the attack on two wallets by deploying code the group would be using early on October 29 and then installed the same code on a Binance hot wallet.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.