The FBI directly blamed North Korean hackers for the theft of 6.3 billion from Binance this time.
North Korea flatly denied it. Kim Yo Jong responded that the accusation was absurd and nothing new, calling it a political provocation. She also left us with a thought-provoking remark: perhaps looking at who ends up with the recovered money could offer clues about who was behind it—but she provided no concrete evidence.
Meanwhile, several blockchain analytics firms tracked the flow of funds and identified the suspected hacker group TraderTraitor. The evidence: the laundering route for the stolen funds closely matches those in past cases attributed to North Korean hackers, and the funds were mixed in the same batch of wallets as those stolen from Bitget. But here’s the key point: blockchain tracking can show that the same group controlled these wallets, but it can’t conclusively prove which country was behind them.
On-chain transfer records don’t lie, but the power struggles behind the money have never been confined to the blockchain.
Which side are you more inclined to believe?
#BTC #BNB
North Korea flatly denied it. Kim Yo Jong responded that the accusation was absurd and nothing new, calling it a political provocation. She also left us with a thought-provoking remark: perhaps looking at who ends up with the recovered money could offer clues about who was behind it—but she provided no concrete evidence.
Meanwhile, several blockchain analytics firms tracked the flow of funds and identified the suspected hacker group TraderTraitor. The evidence: the laundering route for the stolen funds closely matches those in past cases attributed to North Korean hackers, and the funds were mixed in the same batch of wallets as those stolen from Bitget. But here’s the key point: blockchain tracking can show that the same group controlled these wallets, but it can’t conclusively prove which country was behind them.
On-chain transfer records don’t lie, but the power struggles behind the money have never been confined to the blockchain.
Which side are you more inclined to believe?
#BTC #BNB
