FBI Accuses North Korea of Being Behind $6.3 Billion Binance Hack
The FBI says a North Korean hacking group called TraderTraitor is responsible for stealing crypto assets from Binance.
The stolen funds are reportedly being converted into Ethereum and could potentially be laundered through DeFi protocols. Meanwhile, Binance claims it has recovered or secured around 95% of the stolen assets and has begun gradually reopening withdrawals.
The incident is another reminder that exchange security remains a major risk in the crypto industry.
Follow Menjadi Trader for market updates and crypto news.
NFA, DYOR.
#Binance #CryptoNews #Ethereum #TraderTraitor #menjaditrader
The FBI says a North Korean hacking group called TraderTraitor is responsible for stealing crypto assets from Binance.
The stolen funds are reportedly being converted into Ethereum and could potentially be laundered through DeFi protocols. Meanwhile, Binance claims it has recovered or secured around 95% of the stolen assets and has begun gradually reopening withdrawals.
The incident is another reminder that exchange security remains a major risk in the crypto industry.
Follow Menjadi Trader for market updates and crypto news.
NFA, DYOR.
#Binance #CryptoNews #Ethereum #TraderTraitor #menjaditrader
