North Korea’s TraderTraitor linked to $6.3B Binance hack

Crypto investigators at TRM Labs expressed strong confidence in the conclusion that North Korea was responsible for the $6.3 billion Binance hack. ZachXBT found that stolen funds from the Binance and Bitget hacks converged at the same address, tracing the two thefts to one shared cryptocurrency address. Attribution is the process of identifying the party responsible for an attack. TRM Labs’ statement concerns the Binance hack, while ZachXBT’s finding covers funds from both the Binance and Bitget hacks.