🚨 $6.3 BILLION STOLEN – FBI IDENTIFIES NORTH KOREAN HACKERS!
On October 31, the FBI identified the North Korean hacking group TraderTraitor as being behind the attack on Binance, with stolen assets worth more than $6 billion.
🔍 Tracing the funds: The hackers moved most of the assets into ETH. Binance said it worked with partners and authorities, and that around $3 billion had been frozen on-chain.
🛡️ Binance’s response: The exchange said it would take financial responsibility. By November 1, Binance said it had compensated for around 95% of the affected assets and had begun restoring withdrawals in stages.
💡 The incident shows that in crypto, security and the ability to protect users’ assets are just as important as liquidity.
Do you still trust centralized exchanges (CEXs) with your assets?
#Binance #CryptoSecurity #Blockchain #OnChain$BTC $ETH
On October 31, the FBI identified the North Korean hacking group TraderTraitor as being behind the attack on Binance, with stolen assets worth more than $6 billion.
🔍 Tracing the funds: The hackers moved most of the assets into ETH. Binance said it worked with partners and authorities, and that around $3 billion had been frozen on-chain.
🛡️ Binance’s response: The exchange said it would take financial responsibility. By November 1, Binance said it had compensated for around 95% of the affected assets and had begun restoring withdrawals in stages.
💡 The incident shows that in crypto, security and the ability to protect users’ assets are just as important as liquidity.
Do you still trust centralized exchanges (CEXs) with your assets?
#Binance #CryptoSecurity #Blockchain #OnChain$BTC $ETH
