North Korean hackers linked to $6.36 billion Binance theft, TRM Labs states

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15 hours ago

North Korean hackers linked to $6.36 billion Binance theft, TRM Labs states — Binance hit by record $6.36 billion crypto hack

North Korean hackers carried out the largest cryptocurrency theft in history, stealing about $6.36 billion from Binance in just 20 minutes.

Mario Nawfal, who leads IBC Group, shared that blockchain intelligence firm TRM Labs has linked the attack with high confidence to TraderTraitor, a North Korean state-sponsored group.

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Nawfal has recently highlighted other major financial events. He reported on a California fashion executive who lost over $100 million in risky bets. In a separate update, he covered economists' expectations that China will not surpass the U.S. economy soon. These incidents contribute to ongoing scrutiny of financial risk and global economic outlooks.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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