North Korea’s record crypto raid demands a tougher response

deVere Group CEO Nigel Green calls for stronger cryptocurrency exchange security and international enforcement following a reported $6.3 billion Binance hack attributed to North Korean attackers. He argues that tighter custody controls, coordinated asset freezes and tougher anti-money-laundering measures are essential to protecting investors and preventing further state-linked cyber theft. North Korea has just carried out the largest theft in the history of crypto, and possibly one of the largest thefts of any kind. Binance puts the impact of this week’s attack at $6.3 billion, and TRM and Chainalysis both attribute it to TraderTraitor, the regime’s elite hacking unit.