FBI Blames North Korea for $6 Billion Binance Hack as Exchange Covers Losses

TLDR: The FBI attributes the theft of more than $6 billion from Binance to North Korea’s TraderTraitor group. TraderTraitor actors are converting the stolen assets mainly into Ethereum for further laundering.  Binance covered the losses with $6.34 billion from its own funds and is absorbing all related costs.  Withdrawals resumed in phases from November 1, [...]

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