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Experts link Binance crypto heist to North Korean hacking group

Experts link Binance crypto heist to North Korean hacking group

The Hindu2h
THE BRIEF
1

Cybersecurity experts and blockchain firms have attributed the record $6.3 billion Binance crypto theft to North Korean hacking group TraderTraitor.

2

Chainalysis reported that North Korea has stolen at least $6.75 billion in cryptocurrency through the end of 2025, bringing cumulative minimum thefts to roughly $13.5 billion.

3

Investigators stated that stolen proceeds help finance North Korea's unlawful weapons of mass destruction, ballistic missile programs, and military operations.