CERT24FBI blames North Korea’s TraderTraitor for Binance theft and urges the crypto industry to block transactionsLoading data…
CERT24Threat Observatory
Period

FBI blames North Korea’s TraderTraitor for Binance theft and urges the crypto industry to block transactions

The FBI and U.S. Secret Service alleged that North Korean hacking group TraderTraitor stole more than $6.3 billion in cryptocurrency from Binance. The agencies urged cryptocurrency industry participants to block transactions with or derived from addresses used by TraderTraitor. The stolen funds were moved and swapped through thousands of seemingly automated transactions, primarily into Ethereum, to obscure their origin and support further laundering.

← Back to intelligence

FBI blames North Korea’s TraderTraitor for Binance theft and urges the crypto industry to block transactions

The FBI and U.S. Secret Service alleged that North Korean hacking group TraderTraitor stole more than $6.3 billion in cryptocurrency from Binance. The agencies urged cryptocurrency industry participants to block transactions with or derived from addresses used by TraderTraitor. The stolen funds were moved and swapped through thousands of seemingly automated transactions, primarily into Ethereum, to obscure their origin and support further laundering.