💀 THE REAPER'S EXCHANGE TOUR: NORTH KOREA EDITION?
Exchanges compete for volume. Some threat actors seem to compete for the biggest digital heist.
🩸 BYBIT — On 21 February 2025, about $1.5B was stolen. The FBI attributed the attack to North Korea's TraderTraitor group.
🩸 BITGET — On 24 September 2026, roughly $388M left hot wallets through unauthorised transfers. Elliptic said indicators strongly suggested a DPRK link; Bitget's CEO said the methods were consistent with DPRK-linked groups. Strong suspicion, not an FBI attribution.
🩸 BINANCE — On 29 October 2026, about $6.36B was taken from wallets across multiple chains. The FBI attributed the theft to TraderTraitor. Binance said it would cover customer losses.
🚪 COINBASE — The punchline is the knock. No verified evidence in these reports shows Coinbase suffered a comparable North Korea-linked exchange hack. The reaper is making a threat—not announcing a breach.
Dark humour aside, North Korea-linked operators have targeted exchanges, bridges and crypto firms for years. Attribution varies; suspicion is not proof.
The lesson? No exchange is invulnerable. Custody controls, withdrawal checks, device security and rapid incident response matter more than brand reputation.
💬 Who has the toughest security—and what evidence would convince you?
#CryptoSecurity #bybit #Bitget #Binance #coinbase #NorthKorea
Separate incidents; not proof one operation hit every exchange. Keep the joke sharp—and the facts sharper.
Exchanges compete for volume. Some threat actors seem to compete for the biggest digital heist.
🩸 BYBIT — On 21 February 2025, about $1.5B was stolen. The FBI attributed the attack to North Korea's TraderTraitor group.
🩸 BITGET — On 24 September 2026, roughly $388M left hot wallets through unauthorised transfers. Elliptic said indicators strongly suggested a DPRK link; Bitget's CEO said the methods were consistent with DPRK-linked groups. Strong suspicion, not an FBI attribution.
🩸 BINANCE — On 29 October 2026, about $6.36B was taken from wallets across multiple chains. The FBI attributed the theft to TraderTraitor. Binance said it would cover customer losses.
🚪 COINBASE — The punchline is the knock. No verified evidence in these reports shows Coinbase suffered a comparable North Korea-linked exchange hack. The reaper is making a threat—not announcing a breach.
Dark humour aside, North Korea-linked operators have targeted exchanges, bridges and crypto firms for years. Attribution varies; suspicion is not proof.
The lesson? No exchange is invulnerable. Custody controls, withdrawal checks, device security and rapid incident response matter more than brand reputation.
💬 Who has the toughest security—and what evidence would convince you?
#CryptoSecurity #bybit #Bitget #Binance #coinbase #NorthKorea
Separate incidents; not proof one operation hit every exchange. Keep the joke sharp—and the facts sharper.
