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FBI blames North Korea’s TraderTraitor for $6bn Binance hack as stablecoin issuers freeze billions

Picture: InsideBitcoins

North Korea’s TraderTraitor operation stole more than $6 billion from Binance, the FBI said in an October 31 security alert, while Tether and Circle froze roughly $3 billion of the stolen stablecoins and hackers moved to evade the freezes. The alert states that TraderTraitor , a North Korean operation also known as Lazarus Group, was responsible for the theft of more than $6 billion from the exchange. It lists hundreds of cryptocurrency addresses tied to the theft and urges THORNode operators, RPC node operators, DeFi platforms, instant exchanges and other service providers to block transactions involving those wallets.

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