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FBI Attributes Binance Theft to North Korea’s TraderTraitor

Picture: Bitcoin Insider

A formal FBI alert attributes the October29 Binance theft to North Korea and urges crypto services to block transactions linked to the proceeds. The FBI has formally attributed the theft of more than $6 billion from Binance to North Korea, identifying the activity as TraderTraitor and asking cryptocurrency businesses to block transactions connected with the stolen assets. In an October 31 cyber alert , the bureau dates the theft to on or about October 29. The announcement brings a US government attribution to a case previously assessed publicly by blockchain investigators.

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