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Who Stole $6.3 Billion From Binance? Researchers Point to North Korea

Picture: CoinCentral

TLDR Researchers say North Korea’s TraderTraitor group, a Lazarus subunit, likely stole over $6 billion from Binance. TRM Labs, Chainalysis and ZachXBT all point to the same group. ZachXBT says stolen Binance and Bitget funds ended up at the same address. One source cautions the hack has not been definitively tied to Lazarus. Binance traced the attack to a compromised DevOps engineer’s laptop. Several blockchain research firms say North Korean hackers likely stole more than $6 billion in crypto from Binance, the world’s largest crypto exchange. The theft happened on Thursday.

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