FBI · North Korea · Bitcoin · Ethereum · CoinDesk
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
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The U.S. FBI confirmed that North Korea’s TraderTraitor hacking group was behind last week’s theft of over $6 billion from Binance, asking the crypto community to block transactions from hundreds of addresses that at one point held funds from the hack.
Key facts
- The FBI listed over 600 Ethereum addresses, under 20 Bitcoin addresses and a single Solana address in Saturday’s notice
- Binance was hacked on Thursday, losing some $6.4 billion in an attack that several analytics services and individuals attributed to North Korea’s TraderTraitor hacking group
- The U.S. FBI confirmed that North Korea’s TraderTraitor hacking group was behind last week’s theft of over $6 billion from Binance, asking the crypto community to block transactions from hundreds
- According to the Saturday statement, the hackers had been converting the stolen funds mainly into ether ETH $2,267.33, and the FBI said it expects the hackers to use swap services and other
Summary
The FBI identified hundreds of addresses it said currently hold or at some point held funds from Binance’s $6 billion hack, asking the crypto community to block transactions from these addresses. The FBI also confirmed it found that North Korea’s TraderTraitor hacking group was behind the breach of the world’s largest crypto exchange. Chainalysis said it expects “tens of thousands” of crypto addresses to be used in the coming weeks as the attackers continue laundering the stolen funds. The U.S. According to the Saturday statement, the hackers had been converting the stolen funds mainly into ether ETH $2,267.33, and the FBI said it expects the hackers to use swap services and other decentralized finance (DeFi) tools to continue laundering the funds.