FBI attributes Binance cryptocurrency theft to North Korean actors
The FBI attributes a theft of more than $6 billion from Binance to TraderTraitor and identifies addresses associated with laundering.
The FBI has attributed the theft of more than $6 billion in virtual assets from Binance to TraderTraitor, a North Korea-linked threat group. The statement provides an official attribution for an incident that has drawn extensive cryptocurrency-industry reporting.
The agency, working with the Secret Service and IRS Criminal Investigation, said it observed stolen assets being converted primarily into Ethereum. It also identified wallet addresses associated with the laundering activity.
The FBI statement also identifies wallet addresses associated with the movement of the stolen funds. The agency expects further laundering through decentralized-finance and instant-swap services.
TraderTraitor has been associated with social-engineering campaigns targeting cryptocurrency and related technology businesses. Research cited in the report describes recruitment-themed lures and malicious developer tooling in other activity associated with the group.
Sources
- FBI Links North Korea's TraderTraitor to Record $6.43 Billion Binance Crypto HeistSupportingthehackernews.com
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