CoinsAQ summary · neutral
TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
What happened
Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
cryptopotato57m ago
US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs
The US action targets the cash-out stage of a scheme that the UN estimates generates $250 million to $600 million annually for North Korea.
thedefiant1h ago
FBI Attributes $6 Billion-Plus Binance Hack to North Korea
The FBI attributed the Binance theft to North Korea’s TraderTraitor activity and urged crypto services to block transactions linked to the stolen funds.
beincrypto1h ago