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North Korean hackers steal over $6 billion from the largest cryptocurrency exchange
KOMO • • general
Key Points:
- North Korean hackers stole approximately $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in what has been described as "the largest bank heist in human history."
- Binance confirmed that customer deposits were not affected and is collaborating with law enforcement and partners to freeze the stolen assets.
- TRM Labs, a US-based blockchain intelligence firm, attributed the attack to TraderTraitor, a North Korean hacking group, noting the theft occurred rapidly across ten blockchains.
- The stolen funds were moved out of Binance wallets within about 20 minutes, highlighting the attack's sophistication.
- Binance co-CEO Richard Teng emphasized the complexity of the hack, stating it was not a simple or single-step operation.
