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Cyber attack: FBI: North Korean hackers behind multi-billion dollar crypto theft

According to the US Federal Police, the group TraderTraitor is said to be behind the world's largest digital heist. Binance wants to start with payouts again.

Translated from German Read in German

Cyber attack: FBI: North Korean hackers behind multi-billion dollar crypto theft

The FBI has stated that North Korea is behind a massive hacker attack on the cryptocurrency exchange Binance. The attack, carried out by the North Korean hacker group TraderTraitor, is believed to have stolen over $6 billion. The FBI has asked companies to block transactions from certain addresses to prevent the group from laundering the stolen assets.

Binance has temporarily suspended all deposits and withdrawals, but has stated that it will cover 90% of the stolen amount, allowing users to be unaffected. Withdrawals are expected to resume on Sunday.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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