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

Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.

Oct. 30 at 05:01 am UTC

Chainalysis co-founder and CEO Jonathan Levin said the Binance hack was likely carried out by North Korean hacking group TraderTraitor, citing links to a previous hack.

In a post on X, Levin put the theft at $6.4 billion, slightly above Binance’s estimated $6.3 billion impact. He said industry partners had frozen approximately $3 billion and Chainalysis was continuing to track the funds.

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